fixed exchange rate regime

A fixed exchange rate regime is a monetary system in which a country's currency value is pegged at a set rate to another currency, a basket of currencies, or a commodity like gold, and maintained through government or central bank intervention.

Aliases (2)

• exchange rate mechanism ×2
• fixed-but-adjustable exchange rate regime ×1

Instances (4)

• Bretton Woods system
• Exchange Rate Mechanism via concept surface "fixed-but-adjustable exchange rate regime"
• European Monetary System via concept surface "exchange rate mechanism"
• ERM via concept surface "exchange rate mechanism"