Band of fluctuation
The band of fluctuation is the range within which the market value of a national currency is permitted to fluctuate by international agreements, or by unilateral decision by the central bank.[1]
Notes and references[]
- ^ Burda, Wyplosz (1997). Macroeconomics: A European Text (2nd ed.). Oxford University Press. ISBN 0199264961.
 | This economic policy related article is a stub. You can help Wikipedia by . |
Categories:
- Foreign exchange market
- Economic policy stubs