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Topic: Pegged exchange rate


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In the News (Fri 17 Feb 12)

  
  Exchange rate regime - Facts, Information, and Encyclopedia Reference article
The exchange rate regime is the way a country manages its currency in respect to foreign currencies and the foreign exchange market.
Crawling bands: the rate is allowed to fluctuate in a band around a central value, which is adjusted periodically.
Pegged with horizontal bands: The currency is allowed to fluctuate in a fixed band (bigger than 1%) around a central rate.
www.startsurfing.com /encyclopedia/e/x/c/Exchange_rate_regime.html   (213 words)

  
 EH.Net Encyclopedia: An Overview of the Great Depression
Further, the discount rate was increased from 3.5 percent to 5 percent, the highest level since the recession of 1920–21.
The unemployment rate of 3 percent in August 1929 was at 25 percent in March 1933.
If they cannot exceed the rate on money holdings, then agents will move their assets into cash and the result will be negative net investment and a decapitalization of the economy.
www.eh.net /encyclopedia/article/parker.depression   (10625 words)

  
 Asian financial crisis - One Language   (Site not responding. Last check: 2007-10-18)
However, Thailand, Indonesia and South Korea had large current account deficits and the maintenance of pegged exchange rate encouraged external borrowing and led to excessive exposure to foreign exchange risk in both the financial and corporate sectors.
On July 3, the Philippines central bank was forced to intervene heavily to defend the peso, raising the overnight rate from 15 percent to 24 percent.
In October 1997, the Hong Kong dollar, which was pegged at 7.8 to the US dollar, came under speculative pressure since Hong Kong's inflation rate was significantly higher than that of the US for years.
www.onelang.com /encyclopedia/index.php/Asian_financial_crisis   (1855 words)

  
 Balance of Payments
When the exchange rates are not stabilized by government authorities, the FE market closely resembles the theoretical model of perfect competition.
The level is equal to its moving average of the exchange rates over a preceding period of Y weeks.
While it is efficient to peg one's currency to a stable currency, relying on a single currency might be risky.
www.econ.iastate.edu /classes/econ355/choi/bal.htm   (1674 words)

  
 AFRICA, REFERENCES AND TABLESby Kurt Schuler
The rate of 65 francs is specified by the central bank.) Francs from breakaway region of Katanga were converted into Congolese francs at 1 Katanga franc = 1 Congolese franc, with no quantity limit (Republic of the Congo, Presidential Ordinance of 9 January 1963, cited in ARER 1964: 128).
The rate was dual because of the large spread between the two.
The free rate was 5% above the official rate from 17 October 1983 and 2.5% above from 2 January 1984.
users.erols.com /kurrency/zr.htm   (5736 words)

  
 Fixed Or Pegged Foreign Exchange Rates   (Site not responding. Last check: 2007-10-18)
This rate generally also is acknowledged as the basis upon which rebate rates...
Thus far we imagined a world where exchange rates were perfectly exible, and we developed.
...Clean fixed or pegged foreign exchange rates air might be fixed rate national bank credit card construed as freedom fixed.....If there is any way that you can accelerate your loan and...
www.firstforexgroup.com /fixed-or-pegged-foreign-exchange-rates.html   (282 words)

  
 Exchange rate regime - Definition from Investor Dictionary - Define meaning of the word Exchange rate regime   (Site not responding. Last check: 2007-10-18)
Exchange rate regime - Definition from Investor Dictionary - Define meaning of the word Exchange rate regime
The Exchange Rate Regime is the way a country manages its currency in respect to foreign currencies and the foreign exchange (FX) market.
The basic types are a floating exchange rate, where the market dictates the movements of the exchange rate, a Pegged Float, where the central bank keeps the rate from deviating too far from a target band or value, and the pegged exchange rate, which ties the currency to another currency, mostly more widespread currencies s.a.
www.investordictionary.com /definition/exchange+rate+regime.aspx   (234 words)

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