Question: A hard peg is a. A floating exchange rate regime in the form of dollarization or currency board arrangement b. A fixed exchange rate regime

A hard peg is

a. A floating exchange rate regime in the form of dollarization or currency board arrangement

b. A fixed exchange rate regime in the form of dollarization or currency board arrangement

c. A managed float exchange rate

d. A free-floating exchange rate that is one extreme used by many emerging markets

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!