fixed exchange

noun
: a system of foreign exchange that quotes the value of a foreign unit of currency in terms of the money of the home country — called also direct exchange;; compare indirect exchange

Useful english dictionary. 2012.

Look at other dictionaries:

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  • fixed exchange rate — A country s decision to tie the value of its currency to another country s currency, gold (or another commodity), or a basket of currencies . Bloomberg Financial Dictionary * * * fixed exchange rate fixed exchange rate ➔ exchange rate * * *    A… …   Financial and business terms

  • 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

  • fixed exchange rate — A rate of exchange between one currency and another that is fixed by government and maintained by that government s economic policy and its buying or selling its currency to support or depress it. Compare: floating exchange rate …   Accounting dictionary

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  • Fixed-exchange rate — A country s decision to tie the value of its currency to another country s currency, gold (or another commodity), or a basket of currencies. The New York Times Financial Glossary …   Financial and business terms

  • fixed exchange rate —   cambio fisso   In un regime di cambi fissi, le autorità monetarie di un Paese sono pronte a vendere e ad acquistare le loro divise ad un cambio prefissato in termini di altre valute. Questa forma di quotazione venne inaugurato con l accordo di… …   Glossario di economia e finanza

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