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词汇 fixed-exchange-rate
释义 fixed exchange rate
noun[ C ]
ukus
ECONOMICS, MONEY
an exchange rate (= the rate at which one currency can be changed for another) that is kept at the same level by a central bank, etc. rather than being allowed to change:
So far in China, the fixed exchange rate between the yuan and the dollar has made economic planning simple for buyers and sellers alike.
Compare
floating exchange rate

Examples of fixed exchange rate


fixed exchange rate
It tried to keep a fixedexchangerate, and attempted to deal with inflation and sterling weakness by credit and exchange controls.
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Wikipedia

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A fixedexchangerate is usually used to stabilize the value of a currency, vis-a-vis the currency it is pegged to.
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Wikipedia

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Countries that utilize a fixedexchangerate are more susceptible to a speculative attack than countries utilizing a floating exchange rate.
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Wikipedia

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In a fixedexchangerate regime, only a decision by a country's government (i.e. central bank) can alter the official value of the currency.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
However, the exchange rate is controlled by the local monetary authority in the framework of a fixedexchangerate system.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
The domestic currency remains perpetually exchangeable for the reserve currency at the fixedexchangerate.
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It refers to the trade-offs among the following three goals: a fixedexchangerate, national independence in monetary policy, and capital mobility.
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Wikipedia

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A fixedexchangerate is usually used to stabilize the value of a currency against the currency it is pegged to.
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Wikipedia

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Empirical studies show that fixedexchangerate regime is the main reason of liability dollarization.
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Under the fixedexchangerate system, the central bank operates in the foreign exchange market to maintain a specific exchange rate.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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