Medium History Class 10 Level 8

What did floating exchange rates mean in the 1970s?

1970s में floating exchange rates का मतलब क्या था?

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Correct Answer

A. Currency value market forces से बदलती थी / Currency value changed by market forces

Explanation

Step 1: Identify the concept: this is monetary system change. Step 2: After fixed exchange rate system broke, currencies moved with market demand-supply. Step 3: Remember floating rates with post-Bretton Woods.

Step 1: concept पहचानें: यह monetary system change है। Step 2: Fixed exchange rate system टूटने के बाद currencies market demand-supply से move करने लगीं। Step 3: Floating rates को post-Bretton Woods से याद रखें।

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