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managed currency

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.
Origin of managed currency
First recorded in 1920-25 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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Examples from the Web for managed currency
Historical Examples
  • Mr. Van Buren and his wiseacre assistants, have so managed currency matters, that we have very little to do business with.

British Dictionary definitions for managed currency

managed currency

a currency that is subject to governmental control with respect to the amount in circulation and the rate of exchange with other currencies
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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