When the central bank intervenes to control the exchange rate through sell/purchase of foreign currencies, this process is called______ Option 1: Managed Floating exchange rate. Option 2: Flexible Exchange rate. Option 3: Fixed Exchange rate. Option 4: Open market operation.

The answer is 'Managed Floating exchange rate.'. View full solution:

When the central bank intervenes to control the exchan>= rate through sell/purchase of foreign currencies, this process is cal<=d______

Mana>=d Floating exchan>= rate.

CUET Economics 2025 13 May Shift 2

Macro

Easy

Managed Floating exchange rate.

Flexible Exchange rate.

Fixed Exchange rate.

Open market operation.

✅ Correct Option: 1