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Basic Question 5 of 15

The most widely traded currencies, such as the U.S. dollar and euro, are considered to be ______.

A. fixed
B. pegged floating
C. free floating

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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu

Edward Liu

Learning Outcome Statements

describe exchange rate regimes and explain the effects of exchange rates on countries' international trade and capital flows

CFA® 2025 Level I Curriculum, Volume 1, Module 7.