| 单词 | fixed exchange rate |
| 释义 | fixed exchange rate noun[C] ukusECONOMICS,MONEY anexchangerate(= therateat which onecurrencycan bechangedfor another)that iskeptat the samelevelby acentralbank, etc.ratherthan beingallowedtochange: SofarinChina, thefixedexchangeratebetween theyuanand thedollarhas madeeconomicplanningsimpleforbuyersandsellersalike. Compare floating exchange rate Examplesoffixed exchange ratefixed exchange rate It tried to keep afixedexchangerate, and attempted to deal with inflation and sterling weakness by credit and exchange controls. From Wikipedia  This example is from Wikipedia and may be reused under a CC BY-SA license.Afixedexchangerateis usually used to stabilize the value of a currency, vis-a-vis the currency it is pegged to. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Countries that utilize afixedexchangerateare more susceptible to a speculative attack than countries utilizing a floating exchange rate. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.In afixedexchangerateregime, 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 afixedexchangeratesystem. 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 thefixedexchangerate. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.It refers to the trade-offs among the following three goals: afixedexchangerate, national independence in monetary policy, and capital mobility. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Afixedexchangerateis usually used to stabilize the value of a currency against the currency it is pegged to. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Empirical studies show thatfixedexchangerateregime is the main reason of liability dollarization. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Under thefixedexchangeratesystem, 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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