managed currency

noun

Definition of managed currency

: a currency whose purchasing power is adjusted by the monetary authorities with the purpose of influencing business activity and prices rather than determined by a fixed relationship to gold contrasted with automatic currency

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Learn More About managed currency

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managed currency

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Cite this Entry

“Managed currency.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/managed%20currency. Accessed 19 Aug. 2022.

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