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Translations for „fixed exchange rates“ in the English » Arabic Dictionary (Go to Arabic » English)

Monolingual examples (not verified by PONS Editors)

English
A movable or adjustable peg system is a system of fixed exchange rates, but with a provision for the revaluation (usually devaluation) of a currency.
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The gold standard maintained fixed exchange rates that were seen as desirable because they reduced the risk when trading with other countries.
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Currency board arrangements are the most widespread means of fixed exchange rates.
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However, the move to fixed exchange rates together with import licensing drastically curtailed exports, and the balance of payments problem became acute.
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