fixed exchange rate regime and central bank

Economics
Tutor: None Selected Time limit: 1 Day

      Assume the prevailing exchange rate in a fixed exchange rate regime is fixed above equilibrium (undervalued).  Explain the steps the central bank of the country is taking to make this a possible scenario.

May 4th, 2015

the central bank fixes the exchange rates above the equilibrium, in order to regulate the stability of the currency according to the ration to which it is pegged.it also prevents the government from using monetary policies inorder to achieve monetary stability

May 4th, 2015

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May 4th, 2015
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May 4th, 2015
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