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

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

The People’s Bank of China took steps on Monday to limit the impact of the next round of tariffs by allowing its normally tightly managed currency to weaken past a psychologically important level of 7 renminbi to the American dollar for the first time in a decade.

From New York Times

One component of this week’s agreement was a pledge by China not to artificially weaken the value of its heavily managed currency, according to people with knowledge of the negotiations.

From New York Times