The majority of major world currencies are managed at least to some degree. This is due to the purchase and sale of these currencies by the central banks of different countries.They do this in order to stabilize the markets and affect their own monetary policies.
Investment dictionary. Academic. 2012.
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managed currency — n. a currency regulated by various governmental agencies through procedures that alter the amount of money in circulation so as to control credit, the price structure, etc … English World dictionary
managed currency — managed floating A currency in which the government influences the exchange rate. This control is exerted by the central bank buying and selling in the foreign exchange market and by its overall economic policy. See also clean floating … Big dictionary of business and management
Managed Currency — A currency is described as managed if the government exerts some influence over the exchange rate, rather than allowing the rate to be determined purely by free market forces … Financial and business terms
managed currency — noun : a currency whose purchasing power is adjusted by the monetary authorities with the purpose of influencing business activity and prices rather than determined by a fixed relationship to gold contrasted with automatic currency … Useful english dictionary
managed currency — 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. [1920 25] * * * … Universalium
managed currency — noun a currency whose exchange rate is regulated or controlled by the government … English new terms dictionary
managed currency — A *currency whose *exchange rate is overtly manipulated by a government … Auditor's dictionary
managed currency — /mænɪdʒd ˈkʌrənsi/ (say manijd kuruhnsee) noun a form of money management where the purchasing power of a nation s currency is adjusted by the monetary authorities to influence business activity and prices. Compare gold standard … Australian English dictionary
managed currency fund — Fin a mutual fund that makes considered investments in currencies … The ultimate business dictionary
currency — Synonyms and related words: PR, and pence, averageness, ballyhoo, blurb, bon ton, bright light, cash, celebrity, circulating medium, coin, coinage, coined liberty, cold cash, common knowledge, commonality, commonness, commonplaceness, cry,… … Moby Thesaurus