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How to set currency transcript

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okay hi there welcome to a macro video uh in this revision topic video were going to spend a few minutes looking at the reasons why a central bank or a government might opt for a managed floating currency system and also the options for intervention in currency markets if they want to influence they want to change the level of the exchange rate so a managed floating currency happens when the central bank chooses to intervene in the foreign exchange market designed to affect the value the external value of one currency against another oftentimes to meet specific macroeconomic objectives which well talk about in a second or two the latest imf classification of countries using a managed floating system includes the likes of brazil south korea india the indian rupee is a managed floating system so too the thai baht the mexican peso the japanese yen many countries actually opt for a managed floating indeed more countries up for this than they do for a free floating system heres an examp

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