Question: 1. An exchange rate system in which currencies float against one another with governments intervening to stabilize currencies at target rates is called what? 2.

1. An exchange rate system in which currencies float against one another with governments intervening to stabilize currencies at target rates is called what?
2. What do we call the arrangement whereby a nation lets its currency float within a margin around the value of another more stable currency?
3. A currency board is a monetary regime based on an explicit commitment to exchange domestic currency for what?

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