Usually synonymous with a pegged exchange rate. Although "fixed" seems to imply less likelihood of change, in practice countries seldom if ever achieve a truly fixed rate.
Related information about fixed exchange rate:
- 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 Exchange Rate Definition | Investopedia
A country's exchange rate regime under which the government or central bank ties the official exchange rate to another country's currency (or the price of gold).
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Mar 12, 2012 ... Between 1870 and 1914, there was a global fixed exchange rate. Currencies were linked to gold, meaning that the value of a local currency ...
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Definition of fixed exchange rate: System in which the value of a country's currency, in relation to the value of other currencies, is maintained at a fixed ...
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Fall Semester '09-'10. Akila Weerapana. Lecture 5: Fixed Exchange Rate Systems. I. INTRODUCTION. • In the last two lectures, we discussed some important ...
- Fixed versus Floating Exchange Rates - Cato Institute
The first version says that a fixed exchange rate will neutralize monetary shocks, including those produced by an incompetent cen-. CATO JOURNAL. 110 ...
- What Happened When Poland's Fixed Exchange Rate Experiment
Apr 13, 2012 ... To bring inflation under control, Poland, like several other transition economies, turned to a fixed exchange rate. Unlike the neighboring Baltic ...