金融百科  > 所属分类  >  Bonds-债券   
[0] 评论[0] 编辑

Currency Band



A currency system that establishes a trading range that a currency's exchange rate can float between. A currency band represents the price floor and ceiling within which the price of a given currency can trade, and is like a hybrid of a fixed exchange rate and a floating exchange rate. The currency band restricts how much the price can move relative to a reference currency or currencies.

|||If the value of the currency begins trading outside the band, then the country of that currency will usually revert to a fixed exchange rate. This usually stablizes the currency's price back within the band. The Chinese yuan is an example of a currency that moves within a currency band.



附件列表


0

词条内容仅供参考,如果您需要解决具体问题
(尤其在法律、医学等领域),建议您咨询相关领域专业人士。

如果您认为本词条还有待完善,请 编辑

上一篇 Crossover Refunded    下一篇 Current Coupon Bond

相关标签

热门标签