What do you mean by Managed Floating ? – InterviewSolution

1.	What do you mean by Managed Floating ?
Answer» It is a system of floating exchange rate, but occasionally, the float is managed by the central bank of the country by the way of sale and purchase of foreign exchange in the international money market. Managed floating, which is also known as ‘dirty floating’, is an attempt to keep the exchange rate within the desired limits.

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