🙏🙏🙏🙏🙏The floating rate exchange is on since 1973 and though it is tilted in favour of dollar, the world had no other alternative as fixed exchange regime [ read linked to gold ] gave way to floating rate as US refused to give 35 dollars to an ounce of gold [3] the annexed article –Editorial in BusinessLine 10.4.23

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s