Browse:  #  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z 

Linked exchange rate

Linked exchange rate Definition

A linked exchange rate system is a type of exchange rate regime to link the exchange rate of a currency to another.


Unlike a fixed exchange rate system, the government or the central bank does not actively interfere in the foreign exchange market by controlling supply and demand of the currency, in order to influence the exchange rate. The exchange rate is stabilised by a mechanism.





Submit a Definition



Ask a Question

Learn the famous formula for money-making, based upon the THIRTEEN PROVEN STEPS TO RICHES! Get your FREE Copy & Instant Access to Think and Grow Rich by Napoleon Hill just by signing up.
 
   
Newsletter cover
Browse:  #  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z