An exchange rate policy that holds an exchange rate constant over time, or pegged, is known as a(n)

Name: An exchange rate policy that holds an exchange rate constant over time, or pegged, is known as a(n)
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A fixed exchange rate policy is one where the government or central bank of a country sets a specific exchange rate and is committed to maintaining that rate over a period of time by buying or selling its currency in the foreign exchange market. This is also known as a pegged exchange rate policy.

An Exchange Rate Policy That Holds an Exchange Rate Constant