managed currency


managed currency

managed currency Word Origin noun

  1. a currency whose value is established and maintained by deliberate governmental action working through national and international financial institutions, in contrast to the quasi-automatic gold standard.

Origin of managed currency First recorded in 1920–25 British Dictionary definitions for managed currency managed currency noun

  1. a currency that is subject to governmental control with respect to the amount in circulation and the rate of exchange with other currencies

Leave a Reply

Your email address will not be published. Required fields are marked *

44 queries 2.438