. Economists sometimes say that the current exchange rate system is a dirty float system. What does this mean?

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter29: Exchange Rates And International Capital Flows
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Problem 19RQ: What are some of the reasons a central bank is likely to care, at least to some extent, about the...
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International Finance (chapter 21)  6

 

6. Economists sometimes say that the current exchange rate system is a dirty float system. What does this mean?

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