Duel Exchange Rate

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Definition: Duel Exchange Rate

Duel Exchange Rate
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Full Definition of Duel Exchange Rate

Economic system which implements the use of two separate exchange rates within one country. When a country employs duel exchange rates, a fixed rate is generally applied to essential sectors while those considered non-essential are given a floating rate.

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https://payrollheaven.com/define/duel-exchange-rate/
Modern Language Association (MLA):
Duel Exchange Rate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/duel-exchange-rate/.
Chicago Manual of Style (CMS):
Duel Exchange Rate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/duel-exchange-rate/ (accessed: April 19, 2024).
American Psychological Association (APA):
Duel Exchange Rate. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/duel-exchange-rate/

Definition Sources

Definitions for Duel Exchange Rate are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.