fixed exchange rate
A fixed exchange rate refers to a monetary system where the value of one currency is pegged or set at a specific rate relative to another currency or a basket of currencies, and remains fixed or unchanged over time.
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Related Concepts (1)
Similar Concepts
- currency exchange rate management
- currency exchange rates
- currency stability
- exchange rate management
- exchange rate policies
- exchange rate regime
- exchange rate regimes
- exchange rates
- fixed exchange rate regime
- floating exchange rate
- floating exchange rate regime
- foreign exchange
- foreign exchange market
- hybrid exchange rate regime
- speculation on exchange rates