What is the name of the exchange rate system where the governments attempt to make sure the values of their currencies trade at particular values in the foreign exchange market,relative to another currency or a "basket" of currencies?

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The name of the exchange rate system where the governments attempt to make sure the values of their currencies trade at particular values in the foreign exchange market, relative to another currency or a "basket" of currencies is called fixed currencies. In such a system, the central bank intervenes in the market by buying or selling its own currency to maintain the fixed exchange rate. This is in contrast to floating currencies, where the exchange rate is determined by market forces of supply and demand, and dirty float currency, where the exchange rate is allowed to float but with occasional intervention by the central bank. The European currency unit was an artificial currency used by the European Union and has been replaced by the euro.

What Is the Name of the Exchange Rate System Where