Fixed Exchange Rate

Posted in Finance, Accounting and Economics Terms, Total Reads: 729
Advertisements

Definition: Fixed Exchange Rate

In a fixed exchange rate system, the government of the country (or the Central Bank) intervenes to keep the exchange rate pegged at a particular rate.

Thus the exchange rate remains same and does not change with the demand-supply dynamics.

 

Search & Explore : Management Dictionary

Browse definitions and meaning of more concepts and terms similar to Fixed Exchange Rate. The Management Dictionary covers definitions and overview of over 7000 business concepts from 6 categories.



Share this Page on:

Similar Definitions from same Category: