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.
Browse the definition and meaning of more terms similar to Fixed Exchange Rate. The Management Dictionary covers over 7000 business concepts from 6 categories. This definition and concept has been researched & authored by our Business Concepts Team members.
Search & Explore : Management Dictionary
Write for Us!
Quizzes & Skills!
Quizzes test your expertise in business and Skill tests evaluate your management traits
Related Business Content
Top Companies Lists
