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managed currency

noun

  1. a currency whose value is established and maintained by deliberate governmental action working through national and international financial institutions, in contrast to the quasi-automatic gold standard.

managed currency

noun

  1. a currency that is subject to governmental control with respect to the amount in circulation and the rate of exchange with other currencies

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Word History and Origins

Origin of managed currency1

First recorded in 1920–25

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Example Sentences

Mr. Van Buren and his wiseacre assistants, have so managed currency matters, that we have very little to do business with.

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