Meaning Of The Word Managed currency

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Managed currency Meaning

Managed currency Definition
Managed currency Definition

What's The Definition Of Managed currency?

managed currency in British English
a currency regulated by various governmental agencies through procedures that alter the amount of money in circulation so as to control credit, the price structure, etc.
a currency whose value is established and maintained by deliberate governmental action working through national and international financial institutions, in contrast to the quasi-automatic gold standard
noun: a currency that is subject to governmental control with respect to the amount in circulation and the rate of exchange with other currencies

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