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central exchange rate

См. также в других словарях:

  • Exchange Rate Mechanism — (ERM) One of the components for the establishment of the single European currency. It provided a central exchange rate for national currencies against the European Currency Unit, thereby intending to stabilise exchange rates, encourage trade… …   Law dictionary

  • Exchange Rate Mechanism — (ERM)    Introduced as part of the European Monetary System in 1979, the ERM was the first stage of a plan for closer financial integration within the European Union. It was designed to minimise currency exchange fluctuation among the countries… …   Glossary of UK Government and Politics

  • Exchange rate — Foreign exchange Exchange rates Currency band Exchange rate Exchange rate regime Exchange rate flexibility Dollarization Fixed exchange rate Floating exchange rate Linked exchange rate Managed float regime Markets Foreign exchange market Futures… …   Wikipedia

  • Exchange rate regime — The exchange rate regime is the way a country manages its currency in respect to foreign currencies and the foreign exchange market. It is closely related to monetary policy and the two are generally dependent on many of the same factors.The… …   Wikipedia

  • Exchange Rate Mechanism — ( ERM) The methodology by which members of the EMS maintain their currency exchange rates within an agreed upon range with respect to other member countries. Bloomberg Financial Dictionary * * * Exchange Rate Mechanism Exˈchange Rate ˌMechanism… …   Financial and business terms

  • Fixed exchange-rate system — Foreign exchange Exchange rates Currency band Exchange rate Exchange rate regime Exchange rate flexibil …   Wikipedia

  • Floating exchange rate — Floating rate may also refer to a floating interest rate applied to a loan or other lending product. A floating exchange rate or a flexible exchange rate is a type of exchange rate regime wherein a currency s value is allowed to fluctuate… …   Wikipedia

  • Linked exchange rate — A linked exchange rate system is a type of exchange rate regime to link the exchange rate of a currency to another. It is the exchange rate system implemented in Hong Kong to stabilise the exchange rate between the Hong Kong dollar (HKD) and the… …   Wikipedia

  • fixed exchange rate — A country s decision to tie the value of its currency to another country s currency, gold (or another commodity), or a basket of currencies . Bloomberg Financial Dictionary * * * fixed exchange rate fixed exchange rate ➔ exchange rate * * *    A… …   Financial and business terms

  • Floating exchange rate — A country s decision to allow its currency value to freely change. The currency is not constrained by central bank intervention and does not have to maintain its relationship with another currency in a narrow band. The currency value is… …   Financial and business terms

  • floating exchange rate — A country s decision to allow its currency value to change freely. The currency is not constrained by central bank intervention and does not have to maintain its relationship with another currency in a narrow band. The currency value is… …   Financial and business terms

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