fixed exchange rate

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

America had just left the Bretton Woods system’s international fixed exchange rate regime in 1973.

From The Wall Street Journal

Speaking in the Mauritian Parliament on Tuesday, Ramgoolam said payments, due to be made in dollars, would now be subject to a variable rather than fixed exchange rate, arguing the previous deal was not "inflation-proof".

From BBC

Maduro has insisted on a fixed exchange rate to anchor his economic strategy, instead of allowing the rate to float freely.

From Reuters

But that fixed exchange rate system was abandoned after the financial crisis that engulfed the country in 2001 and 2002.

From BBC

It is a tool used to lock-in a fixed exchange rate or hedge against currency fluctuations.

From Reuters