Examlex
Focusing of one's attention on one salient characteristic of a situation while excluding all other characteristics.
Pegged Exchange Rate
A fixed exchange rate system in which a currency's value is fixed against the value of another currency or a basket of other currencies.
Chinese Yuan
The official currency of the People's Republic of China, used as a medium of exchange in mainland China.
Inflation
The rate at which the general level of prices for goods and services rises, eroding purchasing power.
Fixed Exchange-Rate System
A monetary system in which the value of a nation's currency is fixed to the value of a single currency, a group of currencies, or a tangible asset such as gold.
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