Two-Tier Market

Two-Tier Market

A system whereby a country maintains one exchange rate for some transactions and another for different transactions. For example, one exchange rate may apply to investments and another may apply to international trade. It is a type of managed float. A two-tier market should not be confused with a tiered market.
References in periodicals archive ?
It's a two-tier market in Dubai's industrial real estate
Horticulturist Muneer recommends a two-tier market for an efficient marketing system.
"We are seeing a two-tier market developing, with higher national property prices masking a stagnating, or even falling prices, in London.
There is in effect a two-tier market in operation whereby active customers save money by switching suppliers, but those who cant or dont switch remain on poor value tariffs.
"It has huge potential to reduce | Ian Lloyd with his cattle incomes by causing a two-tier market for cattle," he added.
"The new regional approach, launched in October this year, is incredibly complex and divisive and has huge potential to reduce incomes by causing a two-tier market for cattle.
So I suppose you could see this as a two-tier market for buyers.
"There is a two-tier market in Abu Dhabi and it has arisen between the newly constructed projects which have been completed after about 2010 and their older counterparts.
Because of the law and other electronic industry audits, a two-tier market has been created where minerals that are not inspected by conflict-free programs are selling for 30-60 percent less.
"A two-tier market emerged in the second half of 2013 with secondary locations recording a stronger rate of growth than those in the emirate's prime developments," she said.
And confirming the gulf in the two-tier market, the Central Statistics Office revealed prices outside the capital rose just 0.1% in the past month, but fell 0.4% in the past year.
He added that the latest research from C&W in the Midlands has revealed that the offices market was improving, and there was currently a two-tier market in place, with tenants seeking space in the main central zones in a far stronger position to those in the out-of-town market.