Kaperoni on May 7, 2024 Question: “So would the CBI set the initial float rate?“ When a country makes a determination to float their currency, the exchange rate is whatever the official rate is at that time. Supply and demand then takes over from there. Share this: Share on Facebook (Opens in new window) Facebook Share on X (Opens in new window) X Share on Reddit (Opens in new window) Reddit Share on Telegram (Opens in new window) Telegram Share on WhatsApp (Opens in new window) WhatsApp Share on Nextdoor (Opens in new window) Nextdoor Share on Mastodon (Opens in new window) Mastodon Share on LinkedIn (Opens in new window) LinkedIn Share on Threads (Opens in new window) Threads Share on Tumblr (Opens in new window) Tumblr Share on Bluesky (Opens in new window) Bluesky Email a link to a friend (Opens in new window) Email Print (Opens in new window) Print
