Meaning of “fixed currency” in the English Dictionary


"fixed currency" in Business English

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fixed currencynoun [ C ]

uk us plural fixed currencies

ECONOMICS, MONEY a currency whose value in relation to another currency or other currencies is kept at the same level by a central bank, etc.:

We'll do all we can to safeguard our fixed currency link to the euro.

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(Definition of “fixed currency” from the Cambridge Business English Dictionary © Cambridge University Press)