A currency whose exchange rate is regulated or controlled by the government.
More example sentences
- Last week most economists agreed that Sweden's managed currency had achieved two out of three objectives.
- The one thing I do know is that those currencies are managed currencies and they are going to probably let them revalue against the dollar but in a very stepwise way.
- For relatively static currencies, such as managed currencies pegged to your base currency, you can simply enter new rates in the event of a change.
Definition of managed currency in:
- The British & World English dictionary