Ques5: Explain various exchange rate regimes in international

market with example?

An exchange rate regime is the way an authority manage its currency in
relation to other currencies and the foreign exchange market. It is closely
related to monetary policy and the two are generally dependent on many of
the same factors. the basic type are a floating exchange rate, where the
market dictates movements in the exchange rate; a pegged float, where a
central bank keeps the rate ,which ties the currency to another currency ,
mostly more widespread currencies such as the Indian rupees or euro or a
basket of currencies.
exchanged for 8.28 Yuan.
Feature
It refers to those band which is decided by a fixed rate like 10-15 and rate is
change with this rate .it means rate fluctuate with slowly- slowly. Not change
suddenly like firstly take 10 then take 10.5.
Example: firstly Decide 10 to 15 is exchange rate then in starting take 10
then if changes come in rate then take 10.5.
Some country name where crawling band follow are:
US dollar as exchange rate
Honduras (HNL)

Jamaica (JMD)
Euro as exchange rate

Croatia (HRK)