fixed exchange rate
Sign in to saveAlso known as pegged exchange rate, currency peg, pegged currency, exchange rate peg
type of exchange rate regime where a currency's value is fixed against the value of another single currency
In the Vinony graph
Vinony's link graph records 489 inbound references to fixed exchange rate, and connects out to European Union, central bank and exchange rate.
Vinony files it under Foreign exchange market and Gold standard.
Vinony links it to 35 Wikipedia language editions.
~16 min read
Encyclopedic overview
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A fixed exchange rate, often called a pegged exchange rate or pegging, is a type of exchange rate regime in which a currency's value is fixed, or pegged, by a monetary authority against the value of another currency, a basket of other currencies, or another measure of value, such as gold or silver.
Excerpted from Wikipedia’s “fixed exchange rate” article, available under the CC BY-SA 4.0 licence.