Another name for fixed exchange rate? (2 Viewers)

[sk8ie_boi]

Is "flexible peg exchange rate regime" another name for fixed exchange rate??

 

[furrycatau]

The flexible peg is a variation of the fixed exchange rate. Although it is quite similar, but provides more flexibility in that it can still allow the official rate to drift away from that which would exist under pure market forces.

 

[SPYKE_JOE]

china example

 

[sk8ie_boi]

ah okay i see now .. i was just thinking about china and how the central bank there is going to change its exchange rate daily in the near future .. hehe fanx