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Fixed Exchange Rate
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T5AIBVHIQ26
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Geliefert zwischen Mi., 28.01.2026 und Do., 29.01.2026
Details
A fixed exchange rate, sometimes called a pegged exchange rate, is a type of exchange rate regime wherein a currency's value is matched to the value of another single currency or to a basket of other currencies, or to another measure of value, such as gold. A fixed exchange rate is usually used to stabilize the value of a currency, against the currency it is pegged to. This makes trade and investments between the two countries easier and more predictable, and is especially useful for small economies where external trade forms a large part of their GDP. It can also be used as a means to control inflation. However, as the reference value rises and falls, so does the currency pegged to it. In addition, according to the Mundell-Fleming model, with perfect capital mobility, a fixed exchange rate prevents a government from using domestic monetary policy in order to achieve macroeconomic stability.
Weitere Informationen
- Allgemeine Informationen
- GTIN 09786130813963
- Editor Frederic P. Miller, Agnes F. Vandome, John McBrewster
- EAN 9786130813963
- Format Fachbuch
- Titel Fixed Exchange Rate
- Herausgeber Alphascript Publishing
- Anzahl Seiten 80
- Genre Wirtschaft
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