Difference between revisions of "Fixed exchange rate system"
(New page: A system in which exchange rates between currencies are set at a predetermined level and do not move in response to changes in supply and demand.) |
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| − | + | '''Fixed Exchange Rate Systems''' are systems in which [[exchange rate]]s between [[currency|currencies]] are set at a predetermined level and do not move in response to changes in [[supply]] and [[demand]]. | |
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| + | ==Sources== | ||
| + | http://usinfo.state.gov/products/pubs/oecon/chap12.htm | ||
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| + | [[Category:Economics]] | ||
Latest revision as of 13:00, July 13, 2016
Fixed Exchange Rate Systems are systems in which exchange rates between currencies are set at a predetermined level and do not move in response to changes in supply and demand.