A currency that is valued by a fixed relationship to another currency, such as the U.S. Dollar. Also called a Pegged Currency. Compare to Floating Exchange Currency.
Related information about fixed currency:
- Fixed exchange rate - Wikipedia, the free encyclopedia
A fixed exchange rate, sometimes called a pegged exchange rate, is also referred to as the Tag of particular Rate, which is a type of exchange rate regime ...
- Fixed exchange-rate system - Wikipedia, the free encyclopedia
A fixed exchange-rate system (also known as pegged exchange rate system) is a currency system in which governments try to keep the value of their currencies ...
- Fixed Currency - Financial Dictionary - The Free Dictionary
Fixed Currency. Also found in: Wikipedia, 0.03 sec. Fixed Currency. A currency to which the government has linked the value of another currency or, rarely, some ...
- Floating Currency Rates vs Fixed Currency Rates
The floating exchange rate regime allows the currency rates to fluctuate according to the market supply and demand. Fixed currency rates are usually pegged to ...
- Why Governments Use Fixed Currency Rates?
The fixed-rate foreign exchange regime offers protection against drastic fluctuations in their currency rates by pegging it against a major currency.
- Fixed Currency Regimes: Exploiting pegged currencies for profit
Trading pegged currencies can be extremely lucrative yet very risky. Here we discuss the concept of trading a fixed currency along with the advantages and ...
- Trading Pegged Currencies Low Risk Fixed Currency Trades
Feb 22, 2011 ... Another reason for maintaining a fixed currency is to defend the profits of exporters in a nation against normal currency fluctuations which make ...
- China Ends Fixed-Rate Currency
Jul 22, 2005 ... China on Thursday took an important step forward in its move toward a market economy, announcing it would increase the value of its currency, ...