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What do you understand by Fixed Exchange Rate?

What do you understand by Fixed Exchange Rate?

Posted by R. MAK. on August 4, 2009 · 0 Comment

A fixed exchange rate, is sometimes also referred to as a pegged exchange rate. It is a type of exchange rate regime in which a value of one currency is matched to the value of another single currency or to a group of other currencies, or it may also be matched to…

Filed in: Currency Rates, Currency Trade, Forex Basics, Forex Market

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