among fixed and floating exchange rates which is the best for india? how?

among fixed and floating exchange rates which is the best
for india? how?

Question Posted / ammabali

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among fixed and floating exchange rates which is the best for india? how?..

Answer / debasis kar

According to the market situation the exchange should be
very.It may be Fixed or it may be variable.When inflation
is going on India should prefer the Floating exchange rates.

Is This Answer Correct ?

5 Yes

1 No

among fixed and floating exchange rates which is the best for india? how?..

Answer / anjali

I think fixed exchange rate is not good for India because in
fixed exchange rate govt generally fixes a rate ie there is
need of govt intervention but at these turbulent times where
the exports are declining and no bank is lending.There is no
ECB also so at these times it is better to have floating
rate it would be also a measure to revive economy.

Is This Answer Correct ?

3 Yes

2 No

among fixed and floating exchange rates which is the best for india? how?..

Answer / rajesh

According to market situation exchange rate for currency varies. In inflation trend floating exchange rate is better.

Is This Answer Correct ?

0 Yes

0 No

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