stability compared to the volatility

stability compared to the volatility

Blog Article

This mixed regime offers, firstly, greater predictability and stability compared to the volatility of a floating system without bands. Secondly, it provides an anchor for expectations, as it limits, ex-ante, the extent of the float, in contrast to a managed floating regime with occasional interventions. This is especially relevant in a country where the exchange rate is a key determinant of price formation in the economy. สล็อต