what are the ramifications of “floating” a currency?

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My country just started to “float” the currency to get money from IMF and WB, what are going to be the day to day results of this decision?

In: Economics

3 Answers

Anonymous 0 Comments

Lower transaction fees because of all the currency trading, and your country won’t be able to stop rich people buying the whole country because it can’t stop currency trading.

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