Dual Exchange Rate

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Dual Exchange Rate

A situation in which a currency has two official exchange rates, one pegged to another currency and the other floating. Each is used for different things. The exchange rate for money used for sectors seen as essential, such as food, is fixed, while "non-essential" sectors are allowed to float. A dual exchange rate allows a country to devalue its currency to reflect market realities without the pain of high inflation that usually accompanies severe devaluation. Critics allege that a dual exchange rate is less efficient than a straightforward devaluation and acts as a tariff on industries the government sees as luxuries.

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Croatian Kuna HRK Regime de taux de change double Regimen cambiario dual			In the second phase from 1985 to 1993, the foreign exchange swap market rate was introduced for foreign trade-related transactions and the regime became a dual exchange rate system where the official fixed exchange rate coexisted with the market-determined rate in the swap centres. Changes in China's exchange rate policy and future policy options by Yi, Jingtao / China: An International Journal Monetary policy consists mainly of ensuring that aggregate spending expands in line with output growth, although the existence of the large informal economy and the dual exchange rate complicates this task. EIU projects Cuba's 2004-05 GDP growth at 3% or better by CubaNews It is difficult to see how Europe might adopt dual exchange rates, one for trade and another for capital movements, in a way that would not provide opportunities for financial arbitrage. Will Europe suffer the Swiss Syndrome? Confronting anew the problems ... by Hudson, Michael / The International Economy			Drop, The Drop-Dead Day Drop-Dead Fee Droplock Bond Drought Sale DRP Drug Enforcement Act dry closing dry hole clause dry in dry mortgage Dry Powder Dryvit drywall DSCR DTC DTCC dual agency Dual Banking Dual Class Recapitalization Dual Class Stock dual contract Dual Coupon Bond Dual Currency Deposit Dual Currency Issue Dual Exchange Rate Dual Fund Dual Income with No Kids Dual Index Mortgage Dual Listing Dual Presentation Dual Purpose Fund Dual Syndicate Equity Offering Dual trading dual-class recapitalization Dual-Class Stock dual-currency bond Dual-currency issues Dual-Purpose Fund Dually Employed with Kids Due Due Bill due care Due Date due diligence Due Diligence Meeting Due-Diligence Meeting due-on-sale clause Dumbbell dummy Dummy Activity			Dual Drive Mach-Zehnder Dual Driver Service Dual Dry Clutch Transmission dual duct Dual Dynamic Power Management Dual Earners with Kids Dual Echo Fast Acquisition Interleaved Spin Echo Dual Echo Fast Spin Echo Dual Echo Steady State sequence Dual Edge-Triggered Flip-Flop Dual Electrode Mach-Zehnder Modulator Dual Electronic Automatic Temperature Control Dual Element Pump Dual Element Spot Network Dual Employed No Kids Dual Employed with Kids Dual Encoding Hierarchical Pipelining Dual Ended Line Testing Dual Ended Loop Test dual energy absorptiometry dual energy absorptiometry Dual Energy Digital Mammography Dual energy X-ray absorptiometry Dual energy X-ray absorptiometry Dual Entente Dual Entry Content Addressable Memory Dual Exchange Rate Dual Exchange Rates Dual exhaust Dual Exponentially Tapered Slot Antenna Dual Extended Kalman Filtering Dual Factor Authentication Dual Factor Hypertrophy Training Dual Field of View Dual Fine Particle Sequential Sampler Dual Flame Photometric Detector Dual Flash Bank Dual Flat No-lead Dual Focus Laser Dual format Dual Framer and Ring Access Controller Dual Framer Performance Monitor Dual Frequency Dual Frequency MEECN Receiver Dual Frequency Patch Antenna Dual Frequency Signaling Unit Dual Frequency/Multi-Voltage Dual Fuel Diesel Electric Dual Function Metal Top dual fund Dual Funds

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