When a country holds its currency within a range of an important reference currency like the Euro or U.S. Dollar, this is a Dirty float.
What is a dirty float?
A dirty float refers to when a currency's value is allowed to fluctuate to an extent based on supply and demand.
This value will not be allowed to fluctuate past a certain range of an important reference currency which makes the value more stable.
Find out more on dirty floats at https://brainly.com/question/14017270.
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