Pegged exchange rate

 

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Pegged exchange rate

A regime in which the government or central bank announces an official (par value) of its currency and then maintains the actual market rate within a narrow band above and below that by means of exchange market intervention.



Similar Matches

Stock Exchange of Thailand

Stock Exchange of Thailand

The major securities market of Thailand.


Shenzhen Stock Exchange

Shenzhen Stock Exchange

One of two major securities markets in China.


London Metal Exchange

London Metal Exchange

An international market, located in London, for the trading of non-ferrous metals, namely copper, primary aluminium, aluminium alloy, lead, nickel, tin and zinc, primarily for industrial use. Its prime function is hedging with 70-80% of turnover originating from trade clients. Other dealings include futures and options contracts and arbitrage trading. The London Clearing House (LCH) acts as guarantor to trades conducted between Clearing Members. The LME is a Recognised Investment Exchange (RIE), regulated by the Financial Services Authority (FSA).


Favorable exchange rate

Favorable exchange rate

An exchange rate different from the market or official rate, provided by the government on a transaction as an indirect way of providing a subsidy.


Malaysia Commodity Exchange

Malaysia Commodity Exchange

A subsidiary of the KLSE that trades interest rate futures on the three-month Kuala Lumpur Interbank offered rate.


Further Suggestions

Exchange control
Indirect Exchange Rate
Exchange of stock
Chicago Board Options Exchange (CBOE)
Swiss Options and Financial Futures Exchange (SOFFEX)
Foreign exchange
Forward foreign exchange rate
Exchange Rate Mechanism
Securities and Exchange Commission Rules
International Petroleum Exchange
Flexible exchange rate
Forward exchange
Exchange Rate Mechanism
Stock Exchange Daily Official List code
Securities Exchange of Thailand (SET)
Commodities Exchange Center (CEC)
Foreign exchange
organised securities exchange
Bombay Stock Exchange (BSE)
Tokyo Commodity Exchange (TOCOM)
New Zealand Stock Exchange
Tokyo Stock Exchange (TSE)
Hong Kong Futures Exchange (HKFE)
Stock Exchange of Singapore (SES)
Bill of exchange


 
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