managed currency

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.

managed currency

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

Word History and Origins

Origin of managed currency¹

First recorded in 1920–25

Example Sentences

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

Read more on 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.

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

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

Read more on Seattle Times

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

Read more on Washington Times