Type of exchange rate regime where a currency's value is fixed against the value of another single currency.
Sinônimos
Examples for "fixed exchange rate"
Examples for "fixed exchange rate"
1Some members hesitantly experimented with new fixed exchange rate convertible currencies.
2He called for a fixed exchange rate.
3Switzerland last imposed capital controls in 1972, when money surged in as the global fixed exchange rate regime broke down.
4Things would be different if the ECB were defending a fixed exchange rate with a finite stock of foreign-currency reserves.
5Argentinian president Mr Eduardo Duhalde is considering returning to a fixed exchange rate to help halt a slide in the value of the peso.
Translations for pegged exchange rate