Wednesday, September 20th 2017

Exchange Rate Regime

Exchange Rate Regime Meaning:
In foreign exchange terminology, an exchange rate regime generally refers to the policy imposed on a currency by its issuing country or by a trading bloc like the European Union, for example. Exchange rate regimes can include currency pegs, trading bands, and other more complex means of linking one currency to the value of another or to that of a basket of currencies.

Exchange Rate Regime Example:
Perhaps the most notable example of an exchange rate regime in recent history was the Exchange Rate Mechanism or ERM of the European countries used to stabilize many currencies used within Europe prior to its replacement with the E.U.ís consolidated currency called the Euro at the start of 1999. Current examples of exchange rate regimes include the Chinese Yuanís trading band versus the U.S. Dollar and the Hong Kong Dollarís peg against the U.S. Dollar.
Give Your Opinion
Which are the best car insurance companies in New Brunswick?
Share a simple answer to help inform others:
Specific to any country?
First name / Alias

• Your answer will be posted here:
Which are the best car insurance companies in New Brunswick?
Financial Questions & Answers
Ask A Question
Get opinions on what you want to know:
Specific to any country?