managed currency

WordReference Random House Unabridged Dictionary of American English © 2025

man′aged cur′rency, 

1. Business a currency whose value is established and maintained by deliberate governmental action working through national and international financial institutions, in contrast to the quasi-automatic gold standard.

• 1920–25

Collins Concise English Dictionary © HarperCollins Publishers::

managed currency noun

1. a currency that is subject to governmental control with respect to the amount in circulation and the rate of exchange with other currencies