is there any difference in managed floating rate and dirty floating rate?
please provide some real example.
and what is crawling peg with real life example.
Hi Dev
Managed Floating rate and dirty floating rate are one and the same thing. Managed floating system is a combination of two systems − fixed and floating exchange rate systems. It calls for the government or central bank to intervene when the need for the same is needed. The government or the central bank helps in moderating the exchange rate movements by purchasing and selling of foreign currency . Thus, to avoid dirty floating, the government exercises its power to intervene, whenever the need arises.
Follow the link given below to view the meaning of crawling peg and how it is different from Managed floating rate:
https://www.meritnation.com/ask-answer/question/what-is-the-differnce-between-the-crawling-peg-and-managed-f/economics/6756317
Managed Floating rate and dirty floating rate are one and the same thing. Managed floating system is a combination of two systems − fixed and floating exchange rate systems. It calls for the government or central bank to intervene when the need for the same is needed. The government or the central bank helps in moderating the exchange rate movements by purchasing and selling of foreign currency . Thus, to avoid dirty floating, the government exercises its power to intervene, whenever the need arises.
Follow the link given below to view the meaning of crawling peg and how it is different from Managed floating rate:
https://www.meritnation.com/ask-answer/question/what-is-the-differnce-between-the-crawling-peg-and-managed-f/economics/6756317