Band of fluctuation (Ofer Abarbanel online library)

The band of fluctuation is the range within which the market value of a national currency is permitted to fluctuate by international agreements, or by unilateral decision by the central bank.[1]

References

  1. ^Burda, Wyplosz (1997). Macroeconomics: A European Text (2nd ed.). Oxford University Press. ISBN 0199264961.

 

Ofer Abarbanel online library