In simple terms, a fixed exchange rate is a currency valuation system where a country’s currency is pegged or fixed to another currency, a basket of currencies, or even a precious metal such as gold. This means that the exchange rate between the two currencies remains constant and does not...
The one clear way to achieve a fixed exchange rate is to adopt a common currency in two countries. For example, within the U.S., the exchange rate between New York State and California is fixed at 1.00 because both use the same currency. The euro achieves the same end if the countries...
Define Fixed Expenses. Fixed Expenses synonyms, Fixed Expenses pronunciation, Fixed Expenses translation, English dictionary definition of Fixed Expenses. Noun 1. fixed cost - a periodic charge that does not vary with business volume fixed charge, fixed
The interest rate on the mortgage was fixed. 按揭贷款的利率是固定的。 fixedadj(repaired)SCSimplified Chinese修好了的xiū hǎo le de TCTraditional Chinese修好了的 Tom's broken down car was fixed when he came home on his birthday. 汤姆生日那天回家发现他那辆坏掉的车已经修好了。
For an economy with a fixed exchange rate regime, a currency crisis usually refers to a situation in which the economy is under pressure to give up the prevailing exchange rate peg or regime. From: The Evidence and Impact of Financial Globalization, 2013 ...
Define fixed income. fixed income synonyms, fixed income pronunciation, fixed income translation, English dictionary definition of fixed income. n. 1. A regular income that does not vary in amount: a retiree living on a fixed income. 2. Investments, such
1.Give the definition of fixed exchange rate regime and floating exchange rate regime. 1A fixed exchange rate, sometime(less commonly)called a pegged exchange rate, is a type of exchange rate regime where a currency value is matched to the value of another single currency(most often the US ...
Simple interest is the annual rate charged for a loan, and compound interest includes interest upon interest during the year. 3) one's involvement in business or activities or with an individual which is sufficient to create doubt about a witness being objective---damaging his/her credibility--...
ExchangeRate展開資料表 PropertyValue Description Exchange rate for the currency associated with the fixed monthly fiscal calendar with respect to the base currency. DisplayName Exchange Rate IsValidForForm True IsValidForRead True LogicalName exchangerate RequiredLevel None Type Decimal ImeMode Dis...
A fixed exchange rate is a regime applied by a government orcentral bankthat ties the country's officialcurrency exchange rateto another country's currency or the price of gold. The purpose of a fixed exchange rate system is to keep a currency's value within a narrow band. Key Takeaways ...