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  • pegged exchange rate — exchange rate whose value is pegged to another currency s value or to a unit of account. Bloomberg Financial Dictionary …   Financial and business terms

  • Pegged — is an adjective used to describe:* a pegged currency is more formally called a fixed currency * a pegged exchange rate is more formally called a fixed exchange rate * A game called Pegged was released as part of the Microsoft Entertainment Packee …   Wikipedia

  • Exchange rate regime — The exchange rate regime is the way a country manages its currency in respect to foreign currencies and the foreign exchange market. It is closely related to monetary policy and the two are generally dependent on many of the same factors.The… …   Wikipedia

  • Exchange rate — Foreign exchange Exchange rates Currency band Exchange rate Exchange rate regime Exchange rate flexibility Dollarization Fixed exchange rate Floating exchange rate Linked exchange rate Managed float regime Markets Foreign exchange market Futures… …   Wikipedia

  • pegged — adjective Etymology: from past participle of peg (II) 1. : maintained at or near a predetermined level, rate, or price pegged rate of exchange buying at the present pegged prices 2 …   Useful english dictionary

  • Exchange Rate Mechanism - ERM — An exchange rate mechanism is based on the concept of fixed currency exchange rate margins. However, there is variability of the currency exchange rates within the confines of the upper and lower end of the margins. This currency exchange rate… …   Investment dictionary

  • international payment and exchange — ▪ economics Introduction international exchange also called  foreign exchange        respectively, any payment made by one country to another and the market in which national currencies are bought and sold by those who require them for such… …   Universalium

  • Fixed exchange-rate system — Foreign exchange Exchange rates Currency band Exchange rate Exchange rate regime Exchange rate flexibil …   Wikipedia

  • Fixed exchange rate — A fixed exchange rate, sometimes called a pegged exchange rate, is a type of exchange rate regime wherein a currency s value is matched to the value of another single currency or to a basket of other currencies, or to another measure of value,… …   Wikipedia

  • Fixed Exchange Rate — 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). The purpose of a fixed exchange rate system is to maintain a country s currency… …   Investment dictionary

  • European Exchange Rate Mechanism — The European Exchange Rate Mechanism, ERM, was a system introduced by the European Community in March 1979, as part of the European Monetary System (EMS), to reduce exchange rate variability and achieve monetary stability in Europe, in… …   Wikipedia

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