Category:Fixed exchange rate

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Currencies in this category are currently subject to monetary policy that uses an explicit exchange rate target. Such currencies are described as fixed or pegged currencies.

Currencies using an exchange-rate target actually float within a very narrow band, typically only a percent or two either side of a nominal exchange-rate target.

This may be contrasted with currencies subject to monetary policy that uses some other monetary target (e.g. interest rates).

See also