INDIVIDUAL

ASSIGNMENT

INTERNATIONAL FINANCE - IBF 301

Class: IB18B

Lecture: Nguyen Thi Bich Thuong

Full Name: Nguyen Le Han

Student ID: QS180026

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1.

An exchange rate regime, often referred to as a currency regime, is a system that a country’s

monetary authority, usually the central bank, sets to govern its exchange rate relative to other

currencies. It is the method by which the currency exchange rate is managed. This regime defines

how much a country’s currency is worth compared to other foreign currencies.