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

Trade-weighted exchange rate

Trade-weighted exchange rate

The weighted average of a country's bilateral exchange rates using bilateral trade -- exports plus imports -- as weights. Also called an effective exchange rate.


Banner exchange

Banner exchange

Reciprocal advertising in which two webmasters agree to display each other's banner ads on their respective websites.


New York Mercantile Exchange

New York Mercantile Exchange

Following the merger with the Commodity Exchange (COMEX) in 1994, the exchange operates two divisions that is, NYMEX which deals in futures and options on a number of products including crude oil, heating oil and platinum and COMEX which deals in futures and options on copper, gold and silver.


Pure exchange economy

Pure exchange economy

A theoretical economy in which goods are not produced, but exist as endowments, and are then traded among consumers.


Exchange Rate Mechanism

Exchange Rate Mechanism

The mechanism by which members of the EC formerly operated their currency exchange rates within given upper and lower limits. In January 1999 certain members of the EC adopted the euro for their currency.


Further Suggestions

Mexican Stock Exchange
Osaka Securities Exchange (OSE)
Tokyo International Financial Futures Exchange
London Commodity Exchange
London Metal Exchange (LME)
Chicago Board Options Exchange (CBOE)
Exchange of assets
Budapest Stock Exchange
Nominal exchange rate
Swiss Options and Financial Futures Exchange (SOFFEX)
Karachi Stock Exchange
Moscow Interbank Currency Exchange (MICEX)
Stock Exchange of Thailand
Recognised Investment Exchange
Exchange market
foreign exchange
Exchange risk
Baltic Exchange
Nominal exchange rate
European exchange rate mechanism (ERM)
Vancouver Stock Exchange (VSE)
New Zealand Stock Exchange
Helsinki Exchanges (HEX)
Istanbul Stock Exchange
Forward foreign exchange rate


 
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