固こ定てい相そう場ば制せい

noun

fixed exchange rate system

Abbreviation of 固定為替相場制. Used in economics to describe a system where a currency's value is pegged to another currency or basket.

See also: 固定為替相場制

• 固こ定てい相そう場ば制せいの下もとでは、中ちゅう央おう銀ぎん行こうが為替かわせ介かい入にゅうを行おこなう。

  Under a fixed exchange rate system, the central bank conducts foreign exchange intervention.

• その国くには長なが年ねん、固こ定てい相そう場ば制せいを維い持じしてきた。

  That country has maintained a fixed exchange rate system for many years.