Fixed Currency
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Fixed Currency

A currency to which the government has linked the value of another currency or, rarely, some valuable commodity like gold. For example, under the Bretton Woods System, most world currencies fixed themselves to the U.S. dollar, which in turn fixed itself to gold. A government may fix its currency by holding reserves of the other currency (or the asset to which it is fixed) in the central bank. For example, if a country fixes its currency to the British pound, it must hold enough pounds in reserve to account for all of its currency in circulation.

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Currency Devaluation Currency Revaluation Devaluation			But why was inflation volatility higher than those of peers, such as China, that have similar characteristic of pegged currency and export orientation? Riding out the storm: do not be too alarmed by the shifting patterns ... by Chawdhry, Rohit / The Middle East The IMF points out that a pegged currency is par for petroleum-based economies. Passing the buck by Gulf News (United Arab Emirates) A currency that is determined by the government of the country in relation to the another currency is called a pegged currency. Keep An Eye on the Currency Exchange Market and Save Money when You ... by Erica Bosworth / Finance and Investment community			Payoff Profile Payout Period Payout Phase Payout Ratio Payroll Tax Pays accable par la dette Pays creancier Pays en developpement Payup PBGC PBR PC PCAOB PCBs PCE PCX PE Peace Dividend Peak Pecking-Order View Pecuniary Bequest Peer-to-Peer PEFCO Peg PEG Ratio Pegged currency Pegged Exchange Rate Pegging PEH PEN Penalidad por salida anticipada Penalties penalty Penalty Bid Penalty Clause Penalty Fee Penalty for Underpayment of Estimated Tax Penalty Plan Penalty Tax Pence pencil out Penetration pennant Penni Penny Penny Stock Penny Stock Reform Act Pennying Pension Pension Benefit Guaranty Corporation Pension Cost			Pegawai Perkhidmatan Pendidikan Lepasan Diploma pegboard pegboard pegboards pegboards PEGC PEGCGR PEGCR PEGD PEGE PEGEM PEGEO PEGF Pegfilgrastim Pegfilgrastin Pegg pegged pegged pegged pegged pegged pegged away pegged away pegged away pegged away pegged back pegged back pegged back pegged back Pegged Currencies Pegged currency Pegged exchange rate Pegged Exchange Rates pegged out pegged out pegged out pegged out Pegged rate Pegged to Gold Pegged to Gold Pegged to Gold Pegged to Gold pegged tooth pegged tooth pegged-down Pegger peggies pegging pegging pegging pegging pegging Pegging (disambiguation) Pegging (disambiguation) pegging away pegging away pegging away pegging away pegging back pegging back pegging back

Financial Dictionary

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Fixed Currency (redirected from Pegged currency)

Fixed Currency
(redirected from Pegged currency)