Web www.software-risk.co.uk

A country's decision to tie the value of its currency to another country's currency, gold (or another commodity), or a basket of currencies.

Copyright © 2005, Campbell R. Harvey. All Worldwide Rights Reserved. Do not reproduce without explicit permission.

Related Articles
THB
Fractional coins
Foreign exchange market
Foreign exchange controls
Foreign currency translation
Foreign currency futures contract
Foreign currency
Floating exchange rate

Similar Areas

Finance Items

Selected Books

Keywords

Fixed exchange rate

fixed

currency