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  • Fixed exchange-rate system - Wikipedia
    A fixed exchange rate, sometimes called a pegged exchange rate, is a type of exchange rate regime in which a currency's value is fixed against either the value of another single currency to a basket of other currencies or to another measure of value, such as gold There are benefits and risks to using a fixed exchange rate A fixed exchange rate is typically used to stabilize the value of a
  • Exchange rate - Wikipedia
    Each country determines the exchange rate regime that will apply to its currency For example, the currency may be free-floating, pegged (fixed), or a hybrid













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