Meanings of fixed exchange rate in English

Some members hesitantly experimented with new fixed exchange rate convertible currencies.

He called for a fixed exchange rate.

Switzerland last imposed capital controls in 1972, when money surged in as the global fixed exchange rate regime broke down.

Things would be different if the ECB were defending a fixed exchange rate with a finite stock of foreign-currency reserves.

Argentinian president Mr Eduardo Duhalde is considering returning to a fixed exchange rate to help halt a slide in the value of the peso.

It involves introducing a fixed exchange rate for the rupiah against the dollar and providing full dollar backing for every banknote in local currency.

Helped by a fixed exchange rate, Colombians in Venezuela sent home $290 million last year, 7 percent of the total remittances Colombia received.

- Belize has as a fixed exchange rate system with its dollar set at a value of 50 U.S. cents.