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Definitions

There is 1 meaning of the phrase Fixed Exchange Rate.

Fixed Exchange Rate - as a noun

An exchange rate for a currency where the government has decided to link the value to some valuable commodity like gold; a fixed exchange rate does not change according to market conditions.

Example Sentences

"Countries with a fixed exchange rate often face challenges in maintaining stability."
"A fixed exchange rate can be advantageous for countries with small and open economies."
"The government decided to adopt a fixed exchange rate policy to encourage foreign investment."
"A fixed exchange rate can limit a country's ability to use monetary policy for economic control."
"Many argue that a fixed exchange rate reduces uncertainty in international trade."
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