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Results for “fixed exchange rate”
Economics & Business
Revaluation
**Revaluation** is an official upward adjustment of a currency’s value relative to foreign currencies in a fixed‑exchange‑rate system, distinct from devaluation, appreciation, and redenomination.
Economics & BusinessCurrency Peg
A **currency peg** is a fixed exchange-rate arrangement where a country’s monetary authority ties its official currency value to another currency, a basket of currencies, or a commodity such as gold.