![Merits/advantages of fixed exchange rate Merits/advantages of fixed exchange rate](https://digitalteachers.co.ug/wp-content/uploads/2022/09/Bbosa-Science.png)
Merits/advantages of fixed exchange rate
- encourages capital inflow
- discourages speculation
- prevents corruption and embezzlement
- encourages regional economic integration
- encourages discipline among monetary authority
- encourages long term contracts
CATEGORIES Economics
TAGS Dr. Bbosa Science