managed currency

noun

: a currency whose purchasing power is adjusted by the monetary authorities with the purpose of influencing business activity and prices rather than determined by a fixed relationship to gold
contrasted with automatic currency

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Dictionary Entries Near managed currency

Cite this Entry

“Managed currency.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/managed%20currency. Accessed 22 Dec. 2024.

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