managed currency

American  

noun

1. 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.

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managed currency British  

noun

1. 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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Etymology

Origin of managed currency

First recorded in 1920–25

Example Sentences

The country is also facing a major cash crisis after a poorly managed currency redesign.

From New York Times

Fed tightening has put strong downward pressure on the yuan, while Chinese authorities appear to be standing aside to let their tightly managed currency drop.

From Reuters

China, meanwhile, has allowed the tightly managed currency to climb to its highest point since July.

From Reuters

He said his aim is economic stability and a properly managed currency, along with transparency and opportunities for foreign investors.

From Seattle Times

He said his aim is economic stability and a properly managed currency, along with transparency and opportunities for foreign investors.

From Washington Times