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

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Example Sentences

See Examples For:

managed currency

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

From Washington Times ● Aug. 26, 2019

The yuan has risen 7 percent against the dollar since June 2010, when Beijing loosened its grip on the tightly managed currency.

From Reuters ● Nov. 14, 2011

Observers suggest that labouring under a strict sanctions regime, and still suffering the effects of last year's badly managed currency reform, the North is becoming increasingly desperate for sources of foreign cash.

From BBC ● Mar. 25, 2010

In January 1932 Sweden slid off the gold standard and into a bold experiment in "managed currency" as the world's economists held their breath.

From Time Magazine Archive

We are thus continuing to move towards a managed currency.

From The Fireside Chats of Franklin Delano Roosevelt by Franklin Delano Roosevelt

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