Definition of managed currency in English:
A currency whose exchange rate is regulated by the government.
- 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:
- US English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Australia
Most popular in Malaysia
Most popular in Pakistan