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Related Definitions
Fixed exchange rate system Fixed exchange rate system refers to a monetary system in which exchange rates are either held constant or allowed to fluctuate only within very narrow boundaries.
Fixed exchange rate regime Fixed exchange rate regime is a regime in which central which central banks buy and sell their own currencies to keep their exchange rates fixed at a certain level.
Fixed exchange rates Fixed exchange rates refer to the foreign exchange rates tied to the currency of a major country (such as the United States), gold, or to a basket ...