Under managed float, the central bank of a nation intervenes to_ _ foreign currency.

Related MCQs

• In a system of managed float there is less chance of speculation.
• In the determination of the exchange value of a currency, the first currency of a currency pair is called _ .
• Reducing the value of domestic currency in term of foreign currency :
• Total amount of labor in Nation 1 is greater than labor in nation 2 if
• Restrictions on the use of foreign exchange by the Central bank are called _ .
• The currency used for international transactions irrespective of the importing or exporting country’s currency is called _ .
•     _ refers to the process of buying and selling a foreign currency in two different market at same time.
• When supply of foreign exchange is increased given the demand for foreign exchange, the rate of exchange _.
• Services rendered by the domestic country to foreign counter parts increase the _ of foreign exchange.
• To increase the money supply, the bank central could: