Meaning fixed exchange rate system
What does fixed exchange rate system mean? Here you find 6 meanings of the word fixed exchange rate system. You can also add a definition of fixed exchange rate system yourself
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fixed exchange rate systemAn exchange rate system in which governments stand ready to buy and sell currency at official exchange rates.
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fixed exchange rate systemThe world monetary system in existence after World War II until 1971, under which the value of the U.S. dollar was tied to gold, and the values of the other currencies were pegged to the U.S. dollar.
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fixed exchange rate systemA system in which the values of various countries' currencies are tied to one major currency (such as the U.S. dollar), gold, or special drawing rights. The term should not be taken literally bec [..]
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fixed exchange rate systemExchange rates between currencies that are set at predetermined levels and don’t move in response to changes in supply and demand.
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fixed exchange rate systemAn exchange rate system in which governments stand ready to buy and sell currency at official exchange rates. Fluctuations of this currency are not possible.
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fixed exchange rate systemExchange rates between currencies that are set at predetermined levels and don't move in response to changes in supply and demand.
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