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In which exchange rate system is the exchange rate determined entirely by the supply of and demand for a currency
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In which exchange rate system is the exchange rate determined entirely by the supply of and demand for a currency

User Lenita
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Answer: Floating exchange rate system.

Step-by-step explanation:

Floating exchange rate system is one in which the exchange rate is determined entirely by the supply of and demand for a currency.

In floating exchange rate system, the value of a currency fluctuates based on the happeninge that occur in the foreign exchange market.

User Curiousgeek
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