Facts, Interesting - Fixed Exchange
A repaired change rate scheme does not imply that the rate will remain at that analogous level everything the time. The management may decide to change the TV show cause of effects of adverse on the economy. For template, if the currency is overvalued exporting industries will develop fewer internationally competitive, affecting international trade as well as the balance of payments and the government could get action to devalue the change rate.
Fixed Exchange Rate (agreed rate) - Swap rate fixed by the official responsible for placing monetary policy for one or more countries.