CHAP 13: FOREIGN EXCHANGE

Front

Industrialized countries

Back

Các nước công nghiệp phát triển

Countries with
advanced economies
and infrastructure

Front

System of
floating rates

Back

Hệ thống tỷ giá thả nổi

A currency exchange
system where rates
are set by the market

Front

Intervention in
the markets

Back

Sự can thiệp vào thị trường

When central banks or governments
influence currency or
financial markets

Front

Pound sterling

Back

Đồng bảng Anh

The official currency
of the United Kingdom

Front

Central banks

Back

Ngân hàng trung ương

National institutions that manage
monetary policy and
currency stability

Front

Fixed exchange
rate system

Back

Hệ thống tỷ giá cố định

A regime where the currency’s value is
pegged to another
currency or basket

Front

National
currencies

Back

Đồng tiền quốc gia

Legal tender issued
by a country’s central
bank

Front

Federal Reserve

Back

Cục Dự trữ
Liên bang(Mỹ)

The central banking
system of the United
States

Front

European Union

Back

Liên minh châu Âu

A political and
economic union of
European countries

Front

Monetary policy

Back

Chính sách tiền tệ

Actions by a central
bank to control the
money supply and
interest rates