What is a currency board

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What is a currency board?

Is having a fixed exchange rate with a currency board that defends the fixed rate better for a country than having a fixed exchange rate and a standard central bank that defends the fixed rate?

Reference no: EM131213851

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What is a currency board : Is having a fixed exchange rate with a currency board that defends the fixed rate better for a country than having a fixed exchange rate and a standard central bank that defends the fixed rate?
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