fixed currency Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "fixed currency" - Business English Dictionary

fixed currency

noun [C]
 
 
( 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.
→  See also pegged currency
(Definition of fixed currency from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of fixed currency?
Add Cambridge dictionaries to your browser to your website
Word of the Day
hurdle

a frame or fence for jumping over in a race

Word of the Day

Are you a glass-half-full person? (Everyday Idioms)
Are you a glass-half-full person? (Everyday Idioms)
by Kate Woodford,
July 29, 2015
A reader of this blog recently asked for a post on idioms that are used in everyday English. This seemed like a reasonable request. After all, if you are going to make the effort to learn a set of English idioms, you want those idioms to be useful. The question, then, was

Read More 

exoskeleton noun
exoskeleton noun
July 27, 2015
a robotic device which goes around the legs and part of the body of a person who cannot walk and allows them to move independently and in an upright position The device, known as an exoskeleton, is strapped to the outside of a person’s limbs and can then be controlled by them.

Read More