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Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.

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Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses
Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licensesView Video

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  5. Fixed Exchange Rate

Fixed Exchange Rate

Definition of 'Fixed Exchange Rate'

Official rate set by monetary authorities for one or more currencies.

In practice, even fixed exchange rates are allowed to fluctuate between definite upper and lower bands, leading to intervention.

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Related Terms

Pure Floating Exchange RateFixed InterestForward Rate of ExchangeIMFFlat RateForward PointsInterest Rate Parity of Exchange Rate DeterminationExchange RatesSwopEquity SwapRappaports Value DriversVanilla SwapForward Exchange ContractFloating Rate NoteHurdle RateUnbiased Forward Predictor TheoryCross RateERMExchange Rate MechanismExpectations Theory of Foreign Exchange

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