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Fixed vs. Floating Exchange Rates

At least once a week I recieve an e-mail advocating a return to a system of fixed exchange rates. However the world does not have a completely floating system of exchange rates as there are still many currencies pegged to large currencies such as the U.S. Dollar.
Fear of Floating: Tying Their Currencies To The Dollar
At least once a week I recieve an e-mail advocating a return to a system of fixed exchange rates. However the world does not have a completely floating system of exchange rates as there are still many currencies pegged to large currencies such as the U.S. Dollar. A look at the world economic impact of Asian countries with fixed exchange rates.

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