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...
百度试题 结果1 题目what is fixed exchange rate?相关知识点: 试题来源: 解析 固定汇率(fixed exchange rate)是指一国货币同他国货币的比率基本固定.在国际金本位制下,固定汇率的制订,是以不同货币的含金量对比,测定出两种货币之间的汇价.反馈 收藏
固定汇率(fixed exchange rate)是指一国货币同他国货币的比率基本固定.在国际金本位制下,固定汇率的制订,是以不同货币的含金量对比,测定出两种货币之间的汇价. 解析看不懂?免费查看同类题视频解析查看解答 相似问题 forward exchange rate 和future exchange rate怎么翻译啊? what is the exchange rate between you...
The exchange rate is a concept that enables us to understand the values of various currencies relative to one another. These fluctuate unless a currency has a fixed rate, so, if you are involved in imports, exports, or currency speculation, you will monitor conversion rates closely. ...
The Chinese yuan used to be a fixed currency. Now, the Chinese government is slowly transitioning to a flexible exchange rate. That means it changes less frequently than a flexible exchange rate, but more frequently than a fixed exchange rate. As of June 2022, 1 U.S. dollar was worth abo...
However, fixed-rate HELOCs offer a few key advantages over traditional HELOCs as well. Here is a closer look at the reasons a borrower may prefer a fixed-rate HELOC. 1. Interest Rate Stability Locking in an interest rate means that your rate will not increase if market interest rates rise...
What does float and fixed exchange rate mean?相关知识点: 试题来源: 解析 It means that exchange rate is determined by supply and demand of the currency in the international market. Fixed exchange rate means offering to exchange their currency for dollars at a fixed rate....
What Is a Fixed Exchange Rate? 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...
1)A country with a fixed exchange rate has achieved external balance. Government spending then increases in an effort to reduce unemployment. What is the effect of this policy change on the country’s official settlements balance? If the central bank uses unspecialized intervention to defend the ...
How Exchange Rates Fluctuate Exchange rates can befree-floating or fixed. A free-floating exchange rate rises and falls due to changes in theforeign exchange market. A fixed exchange rate ispeggedto the value of another currency. The Hong Kong dollar is pegged to the U.S. dollar in a rang...