Fixed Exchange Rate definition
Examples of Fixed Exchange Rate in a sentence
The Early Redemption Price will be converted into NTD based on the Fixed Exchange Rate (NTD 30.708=USD 1.00), and this fixed NTD amount will be converted using the prevailing rate at the time of redemption for payment in USD.
The Early Redemption Price will be converted into NTD based on the Fixed Exchange Rate (NTD 28.846=USD 1.00), and this fixed NTD amount will be converted using the prevailing rate at the time of redemption for payment in USD.
These forced sales drove down the value of hedge fund holdings, undermining their credit worthiness, triggering a vicious circle of more calls on loans, forced asset sales, and further losses.
The conversion price was originally USD 3.77 per ADS, determined on the basis of a Fixed Exchange Rate of NTD 28.846=USD 1.00.
It can be determined through Flexible Exchange Rate, Fixed Exchange Rate or Managed Floating Exchange Rate.Flexible Exchange RateThis exchange rate is determined by the market forces of demand and supply.