state gov TSPSC Group 2 (తెలంగాణ గ్రూప్ 2) Mock Test Series General Knowledge Economy External Sector and Currency Exchange rate
Which of the following is correct about floating exchange rate?
1
It reduces the foreign exchange.
2
It is not determined by market forces.
3
It is regime where a nation's currency is set by the forex market through supply and demand.
4
None of the above