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user18
user18

I am told very firmly by an economist that a pegged exchange rate is NOT the same thing as a fixed exchange rate. So what, if any, is the difference between the two?

Addendum: Here's one webpage about the difference. I am looking for simple explanation of the difference and ideally also some good and simple contrasting examples.

Add2: Robert Mundell has a lengthy classification here, but it seems to me that his distinction is not one of kind, but merely one of degree.

I am told very firmly by an economist that a pegged exchange rate is NOT the same thing as a fixed exchange rate. So what, if any, is the difference between the two?

Addendum: Here's one webpage about the difference. I am looking for simple explanation of the difference and ideally also some good and simple contrasting examples.

I am told very firmly by an economist that a pegged exchange rate is NOT the same thing as a fixed exchange rate. So what, if any, is the difference between the two?

Addendum: Here's one webpage about the difference. I am looking for simple explanation of the difference and ideally also some good and simple contrasting examples.

Add2: Robert Mundell has a lengthy classification here, but it seems to me that his distinction is not one of kind, but merely one of degree.

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user18
user18

I am told very firmly by an economist that a pegged exchange rate is NOT the same thing as a fixed exchange rate. So what, if any, is the difference between the two?

Addendum: Here's one webpage about the difference. I am looking for simple explanation of the difference and ideally also some good and simple contrasting examples.

I am told very firmly by an economist that a pegged exchange rate is NOT the same thing as a fixed exchange rate. So what, if any, is the difference between the two?

I am told very firmly by an economist that a pegged exchange rate is NOT the same thing as a fixed exchange rate. So what, if any, is the difference between the two?

Addendum: Here's one webpage about the difference. I am looking for simple explanation of the difference and ideally also some good and simple contrasting examples.

Source Link
user18
user18

Fixed vs pegged exchange rate: What's the difference (if any)?

I am told very firmly by an economist that a pegged exchange rate is NOT the same thing as a fixed exchange rate. So what, if any, is the difference between the two?