Get Level 2
Less Ads, More Data, More Tools Register for FREE
REMOVE ADS
REMOVE ADS

Latest Share Chat

  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With F
  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.

ABCDEFGHIJKLMNOPQRSTUVWXYZ#

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

Recent Finance Glossary Searches

Top 10 Finance Glossary Searches

Recently viewed
JMF
JMF.L
LSE
0.00%
TBCG
TBC Bank Group
LSE
0.60%
BERI
Blackrock Engy
LSE
-1.00%
PHE
Powerhouse Ener
LSE
0.00%
CDM
CDM.L
LSE
0.00%
Trending
BSFA
Bio-Sustainable Future Enterprises
LSE
0.00%
GEX
Georgina Energy
LSE
1.69%
PREM
Premier African Minerals
LSE
-16.00%
PANR
Pantheon Resources plc
LSE
31.07%
ALRT
Defence Holdings
LSE
0.00%