josephfoxworth josephfoxworth
  • 05-02-2019
  • Mathematics
contestada

a___ is a currency whose value is tied to another currency, meaning that the exchange is fixed

Respuesta :

wagonbelleville wagonbelleville
  • 05-02-2019

Answer:

Fixed exchange rate

Step-by-step explanation:

We are given,

'A currency whose value is tied to another currency, meaning that the exchange is fixed'.

So, we can see that,

This statement defines the 'Fixed exchange rate' which is a system where the currency is matched (or fixed) to the value of another currency.

Thus, we get,

A 'fixed exchange rate' is a currency whose value is tied to another currency, meaning that the exchange is fixed.

Answer Link
adullahhasan adullahhasan
  • 03-02-2020

Answer: pegged echange rate

Step-by-step explanation

Answer Link

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