What is a currency board system for exchange rates and how
https://www.tutor2u.net/economics/reference/what-is-a-currency-board-system-for-exchange-rates-and-how-does-it-work
WEBAug 29, 2023 · Level: A-Level, IB. Board: AQA, Edexcel, OCR, IB, Eduqas, WJEC. Last updated 29 Aug 2023. Share : A currency board system is a type of exchange rate regime in which a country's domestic currency is fully backed by a foreign reserve currency or a specific foreign asset, typically held in a fixed exchange rate relationship.
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