Exchange rate policy

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Intros
Lessons
  1. 3 types of Exchange Rate Policies
    • Flexible Exchange Rate
    • Fixed Exchange Rate
    • Crawling Peg
  2. Flexible Exchange Rate
    • Exchange rate from demand and supply
    • No direct intervention by central bank
    • Central Bank can indirectly intervene
    • Central Bank can indirectly intervene
  3. Crawling Peg
    • Similar to fixed exchange rate
    • Gradual appreciation or depreciation
    • Minimize economic dislocation
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Examples