Original post by fizzyfizz
can anyone explain fixed and floating exchange rate and its determinants to me
The following is pretty good on fixed exchange rates: https://www.investopedia.com/terms/f/fixedexchangerate.asp (Skip the Bretton Woods and Monetary Union sections).
Read the following on fixed exchange rates up to the section regarding the history of it under the Bretton Wood agreement: https://www.investopedia.com/terms/f/floatingexchangerate.asp
Any specific questions, let me know.
(edited 2 years ago)
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