fixed exchange rate
Save This Word!
An exchange rate that is officially controlled by the issuing country rather than determined by the world currency market conditions. (Compare floating exchange rate.)
QUIZ
WILL YOU SAIL OR STUMBLE ON THESE GRAMMAR QUESTIONS?
Smoothly step over to these common grammar mistakes that trip many people up. Good luck!
Question 1 of 7
Fill in the blank: I can’t figure out _____ gave me this gift.
Words nearby fixed exchange rate
fixed capital, fixed charge, fixed cost, fixed costs, fixed-do system, fixed exchange rate, fixed-focus camera, fixed-gear, fixed head, fixed-head coupé, fixed idea
The New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.