Search SchoolNGR

Wednesday, 22 April 2026
Register . Login

A condition in which official and autonomous exchange rate coexist is

A condition in which official and autonomous exchange rate coexist is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Dual exchange rate system
  • B Managed floating rate system
  • C Market determined exchange rate system
  • D Multiple exchange rate system
Correct Answer: Option D
Explanation:
 multiple exchange rates is a system where a country will have both fixed and floating foreign exchange rates at the same time and both can be used when exchanging currencies in that country.

Share question on: