Talk:Fixed exchange rate

Are fixed exchange rate and linked exchange rate different from each other? On economic textbooks they are not the same, tho they're both commonly referred to as pegged.

Add bolivia to the list/map?
I think Bolivia's exchange rate has been fixed to the U.S. dollar as well. I say this based on the ten year record of exchange rates on google: http://www.google.com/finance?hl=en&q=CURRENCY:USDBOB&ei=EjMmToagJZKy0AGK4IHBCg&sa=X&oi=currency_onebox&ct=currency_onebox_chart&resnum=1&ved=0CBYQ5QYwAA

Also: http://www.boliviabella.com/bolivian-exchange-rate.html — Preceding unsigned comment added by Pengortm (talk • contribs) 01:47, 20 July 2011 (UTC)

Fixed exchange rate and Pegged exchange rate are different
A fixed exchange rate is a rate which variated between a narrow band of rates for an extended period of time, controlled by the central bank. A pegged rate is an exchange rate that follows the variations of another country's exchange rate. So the first line of the article is incorrect!! Fixed rates are not otherwise known as pegged rates because they are clearly different. —Preceding unsigned comment added by Waywoodr (talk • contribs) 12:57, 3 September 2007 (UTC)

That is very wrong, Waywoodr. What you are thinking of is a managed exchange rate, like the USD to the Chinese yuan renminbi. Fixed and pegged are synonymous here. —Preceding unsigned comment added by 24.118.175.10 (talk) 04:35, 15 February 2008 (UTC)

Is this article longwinded or somewhat redundant?
I can't seem to make sense of much of this, I understand the words, I just wonder if the language used maximizes understanding.


 * The 3rd paragraph in particular is a bit difficult. I'd say its actually the opposite - it is too terse, and is trying to cover too much ground in too few words and ends up looking like its not covering much.  Morwen - Talk 13:34, 5 January 2006 (UTC)

This article has terrible writing. It makes it very difficult to read, and it uses language that is just plain inappropriate for an encyclopedia article. Not like foul language in particular, but word usage. The repeated use of "the Government" instead of "a government"(or other appropriate, non-pronoun synonyms) is also a sore point. —Preceding unsigned comment added by 98.193.122.183 (talk) 10:31, 12 June 2010 (UTC)

merge fixed currency into here
There is a merge proposal at fixed currency to come here. Furthermore pegged currency reverts to fixed currency. I Support the merge to this namespace. Having different pages adds nothing to the topic. Witty lama 11:16, 4 April 2006 (UTC)

Currencies pegged to the dollar?
Is there a list somewhere of the currencies that are pegged to the US Dollar? We should have a link to that article on this page. Chadlupkes (talk) 23:57, 26 May 2008 (UTC)

linked exchange rate
The "linked exchange rate" article also needs to be worked into this. Deipnosophista (talk) 16:08, 23 December 2008 (UTC)

Fixed exchange rate v Fixed exchange rate system
I have created a seperate article for fixed exchange rate systems as they are very different. A fixed exchange rate is a A fixed exchange rate, sometimes called a pegged exchange rate, is a type of exchange rate regime wherein a currency's value is matched to the value of another single currency or to a basket of other currencies, or to another measure of value, such as gold.

A fixed exchange rate system is a A fixed exchange rate system is a currency system in which governments try to keep the value of their currencies constant against one another.

Hence I have create a separate article for fixed exchange rate system.Smallman12q (talk) 13:43, 14 February 2009 (UTC)

fixed exchange rate regime vs. Capital control
The article says "For example, the Asian financial crisis was improved by the fixed exchange rate of the Chinese renminbi, and the IMF and the World Bank now acknowledge that Malaysia's adoption of a peg to the US dollar in the aftermath of the same crisis was highly successful." This sentence is very misleading. In fact, China at that time was suffering from the fixed exchange rate, it didn't revalue its currency for political reason, rather than for the economic reason. The stability is due to the capital control rather than the fixed exchange rate regime. Jackzhp (talk) 05:36, 12 March 2009 (UTC)

I would request that someone knowledgable cleans up this section. The way it is now, it doesn't only appear biased (POV), but is also not referenced properly. After reading through this section I only had more questions than before. The arguments against fixed exchange rates, for example, are largely invalid because they target the way these systems are set up (systematic risks), rather than the fixed exchange rates themselves. This needs clarification. —Preceding unsigned comment added by 116.226.32.51 (talk) 06:29, 12 June 2009 (UTC)


 * I agree, this section is badly written and unclear. Also, it appears to push a POV and needs citations.  Bonewah (talk) 13:23, 30 September 2009 (UTC)

Advantages/disadvantages
We have a section about criticism in this article, which is a start. Not only do we need to elaborate on that small paragraph, but we should also provide arguments for why a fixed exchange rate might be beneficial. Most notably, the fact that it can pose an advantage to developing nations, as well as the increased stability and certainty for investors and so on. SweetNightmares (talk) 00:19, 8 December 2009 (UTC)

Very true. The criticism given is actually an advantage to (for example) a small country who trades mostly with a larger neighbor, as the central bank uses reserves to smooth out fluctuations in e to keep trade from shifting wildly in the short term. Maybe I'll get out my old textbooks and do a round on google scholar. Therealhazel (talk) 07:30, 7 January 2010 (UTC)

Euro
The currencies of the countries that now use the euro are still existing (e.g. for old bonds). The rates of these currencies are fixed with respect to the euro and to each other. Dirk math (talk) 17:03, 8 June 2010 (UTC)

Yuan / RMB
This is a loosened peg, so they're managing to a range instead of a fixed rate against the USD. The article is misleading, as it's still a managed currency —Preceding unsigned comment added by 216.174.112.22 (talk) 22:32, 2 February 2011 (UTC)

Europe before Nixon?
Weren't the major currencies of Europe pegged to the US dollar from about the end of WWII until about 1971? If so, why doesn't the article mention that? Michael Hardy (talk) 19:17, 28 March 2011 (UTC)

Moroccoan dinar
On the Euro page the Moroccoan dinar is not listed as pegged/fixed, and so on the Moroccoan dirham page. — Preceding unsigned comment added by DaneOfScandinavy (talk • contribs) 11:24, 27 August 2011 (UTC)