Revision Guide

A Level
Revision Guide

Revision Guide

A Level Essays

Fixed Exchange Rates

· Floating Exchange Rate: this is when the govt does not intervene in the foreign exchange market but always market forces to determine the level of a currency

· Fixed Exchange Rate: This occurs when the govt seeks to keep the value of a currency fixed against another currency

· Exchange Rate Mechanism ERM. This was a semi fixed exchange rate where EU countries sought to keep their currencies fixed within certain bands against the D-Mark. The ERM was the forerunner of the Euro

See also:

Essays and Revision Notes on Exchange Rates

Exchange Rates revision notes and essays

Factors influencing exchange rates

Determination of exchange rates in free markets

Effects of Appreciation

Effects of Depreciation

Government Int

Fixed Exchange Rates

International Trade Revision Notes

Globalisation Essays

Exchange Rate Essays