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managed currency
noun
- a currency whose value is established and maintained by deliberate governmental action working through national and international financial institutions, in contrast to the quasi-automatic gold standard.
managed currency
noun
- a currency that is subject to governmental control with respect to the amount in circulation and the rate of exchange with other currencies
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Word History and Origins
Origin of managed currency1
First recorded in 1920–25
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Example Sentences
The country is also facing a major cash crisis after a poorly managed currency redesign.
From New York Times
Fed tightening has put strong downward pressure on the yuan, while Chinese authorities appear to be standing aside to let their tightly managed currency drop.
From Reuters
China, meanwhile, has allowed the tightly managed currency to climb to its highest point since July.
From Reuters
He said his aim is economic stability and a properly managed currency, along with transparency and opportunities for foreign investors.
From Seattle Times
He said his aim is economic stability and a properly managed currency, along with transparency and opportunities for foreign investors.
From Washington Times
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