1) Currency
Found on
https://www.crosswordclues.com/clue/currency-board
A currency board is a monetary authority which is required to maintain a fixed exchange rate with a foreign currency. This policy objective requires the conventional objectives of a central bank to be subordinated to the exchange rate target. == Features of `orthodox` currency boards == The main qualities of an orthodox currency board are: == Co.....
Found on
http://en.wikipedia.org/wiki/Currency_board
An extreme form of pegged exchange rate in which management of both the exchange rate and the money supply are taken away from the central bank and given to an agency with instructions to back every unit of circulating domestic currency with a specified amount of foreign currency. Operates similarly to the gold standard.
Found on
http://www-personal.umich.edu/~alandear/glossary/c.html
(from the article `money`) ...choice. Although it was a British colony at the time and later a part of China, it chose to fix its exchange rate to the U.S. dollar. The method ...
Found on
http://www.britannica.com/eb/a-z/c/170
An exchange rate system that means a country has pegged its currency to another, with the board... <a target=_blank href='http://www.finance-glossary.com/terms/currency-board.htm?id=12802&ginPtrCode=00000&PopupMode=false' title='Read full definition of currency board'>more</a>
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http://www.finance-glossary.com/pages/home.htm
No exact match found.
