Definition of managed currency in English:

Share this entry

managed currency

noun

A currency whose exchange rate is regulated 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.
Share this entry
 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.