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
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
British Dictionary definitions for 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