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imported>Doug Williamson
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1.  ''Noun.''
An exchange rate system in which exchange rates are either fixed, or managed within a range on either side of a target exchange rate.
An exchange rate system in which exchange rates are either fixed, or managed within a range on either side of a target exchange rate.
2.  ''Verb.''
To establish a fixed conversion rate for an asset, into a more widely accepted asset.


== See also ==
== See also ==
* [[Acceptance]]
* [[Exchange rate]]
* [[Exchange rate]]
* [[Crawling peg system]]
* [[Crawling peg system]]
* [[Managed float]]
* [[PayPal USD]]
* [[Stablecoin]]
* [[USD Coin]]


[[Category:FX_Risk]]
[[Category:Manage_risks]]

Latest revision as of 10:07, 30 July 2024

1. Noun.

An exchange rate system in which exchange rates are either fixed, or managed within a range on either side of a target exchange rate.


2. Verb.

To establish a fixed conversion rate for an asset, into a more widely accepted asset.


See also