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managed currency

Syllabification: man·aged cur·ren·cy

Definition of managed currency in English:

noun

A currency whose exchange rate is regulated or controlled by the government.
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:

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Pronunciation: prɪˈpəʊt(ə)nt
adjective
greater than others in power or influence