Managed currency and Scrip issue: Difference between pages

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imported>Doug Williamson
m (Link with Pegged currency page.)
 
imported>Doug Williamson
(Add reference to Scrip dividend.)
 
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A managed currency is one whose exchange rate is subject to significant intervention from the government or other central authority.
An issue of bonus shares in proportion to existing shares held.
 
Contrasted with a freely floating currency.
 


A 'one-for-one' scrip issue would mean that one new share was issued for each share held.  This would effectively halve the share price; each shareholder would still have the same share value.


== See also ==
== See also ==
 
* [[Share split]]
* [[Pegged currency]]
* [[Scrip dividend]]
* [[Managed float]]
* [[Floating exchange rate system]]
* [[Crawling peg system]]
 
[[Category:Manage_risks]]

Revision as of 21:59, 19 August 2013

An issue of bonus shares in proportion to existing shares held.

A 'one-for-one' scrip issue would mean that one new share was issued for each share held. This would effectively halve the share price; each shareholder would still have the same share value.

See also