Respuesta :
A fixed exchange rate is a country's exchange rate regime under which the values of a set of currencies are fixed against each other at some mutually agreed-on exchange rate.
A floating exchange rate refers to one that is set by open market supply as well as demand. A exchange rate volatility doesn't really preclude countries from intervening and manipulating the price of their currency, because governments including central banks constantly endeavor to maintain national currency prices beneficial for international trade.
A floating exchange rate would be a currency whose value is decided by supply as well as demand in relation to other currencies. A floating exchange rate differs from a fixed - and pegged - exchange rate, which would be regulated wholly by the administration of the currency in the issue.
To know more about exchange rate.
https://brainly.com/question/14231622
#SPJ4
