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    what is exchange rate regime in international business??

    Tanu chaudhary 5th Jun, 2020
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    Answer (1)
    Shivani Chaudhary 5th Jun, 2020

    Hello!

    Exchange rate regime means an understanding/agreement between actively trading nations about the values of their respective domestic currencies.

    The objective being to ensure stability and predictability of the market- determined rates of exchange.

    Thanks!

    Hope it helps!

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