managed currency

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Also found in: Financial.
Related to managed currencies: Pegged Currencies

managed currency

n
(Currencies) a currency that is subject to governmental control with respect to the amount in circulation and the rate of exchange with other currencies
References in periodicals archive ?
Industry executives who deal with FX could be interested in a recently published new book, "The Money Makers" by historian Eric Rauchway, professor at the University of California, who described a monetary order based on the principles of managed currencies, and "Currency Politics," by Harvard University professor Jeffry Frieden.
Can actively managed currencies help boost results?
Treasury Secretary Timothy Geithner said there is a direct link between planned reforms at the IMF designed to give emerging powers a greater voice and foreign exchange rate policies, and said if emerging markets want more influence they must release their grip on tightly managed currencies.