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Deliberate changes to a fixed exchange rate

Deliberate changes to a fixed exchange rate

A fixed exchange rate is held by a central bank at an announced official level against another currency or a basket of currencies. This official rate is often called a peg.

11.2.3 distinction between revaluation and devaluation of a fixed exchange rate Lesson

  1. Intl A Level
  2. /Economics
  3. /11.2.3 distinction between revaluation and devaluation of a fixed exchange rate

Step-by-step lessons on CIE Intl A Level Economics 11.2.3 distinction between revaluation and devaluation of a fixed exchange rate. Each one builds up to exam-style questions.

Lessons