Please classify the following exchange rate regimes as fixed, intermediate, or f

Question

Please classify the following exchange rate regimes as fixed, intermediate, or flexible. Please assume that if the exchange rate regime is fixed, I am giving you the exchange rate to which it is fixed:

a) The Japanese yen-US dollar exchange rate:

b) The Malaysian ringgit-US dollar exchange rate from 1999 to 2005:

c) The Malaysian ringgit-US dollar exchange rate from 2006 to the present above

d) The Swiss franc-euro exchange rate from 2012 to late 2014:

e) The Denmark krone-euro exchange rate:

Explanation / Answer

a. exchange rate is flexible

b. it was fixed in between 1999 to 2005

d. moderate exchange rate

c. moderate exchange rate

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