Talk:Fixed exchange-rate system

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Bibliography[edit]

1. Dornbusch, Rudiger; Fischer, Stanley; Startz, Richard. “Macroeconomics”, ‘’9th ed’’ 2. Dunn, Robert M. Jr; Mutti, John H. “International Economics”, ‘’5th ed’’. 3. Krugman, Paul R.; Obstfeld, Maurice; "International Economics: Theory and Policy", 9th ed 4. Carbaugh, Robert "International Economics", 10th ed. ISBN: 0-324-20591-0

External Links[edit]

1. http://internationalecon.com/Finance/Fch80/F80-1.php

Proposed Changes[edit]

  • Introduce the mechanism of the working of the fundamentals of foreign exchange markets through graph
  • Describe the following sub-topics in Fixed Exchange Rate System:The Gold Standard; The Reserve Currency Standard; Gold Exchange Standard
  • Describe the advantages of the system
  • Describe the criticisms of the system
  • Introduce a comprehensive list of references and external links

Suggestion: Please change the title to Fixed Exchange Rate System from Fixed exchange rate system --Pulkitsangal (talk) 19:25, 21 August 2011 (UTC)

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Awesome diagrams Sri!!!! :) - Abhilasha369 (talk) 04:56, 11 September 2011 (UTC)

"Presently, [[currency board|currency board arrangements are the most widespread means of fixed exchange rates. Under this, a nation rigidly pegs its currency to a foreign currency, SDR or a basket of currencies. " some issue in this statement. what is this? were you trying to put a wiki link? Abhilasha369 (talk) 13:48, 11 September 2011 (UTC)


When using mspaint or similar software, holding down the 'Shift' key and drawing a line will create perfectly straight lines vertically or horizontally. Abhilasha369 (talk) 14:47, 11 September 2011 (UTC)

Hey great suggestions! Thanks for pointing out the mistake, I was indeed adding a link but didn't add "]]" at the end! Thanks :-) Sridevi Tolety (talk) 14:59, 11 September 2011 (UTC)

Mechanism[edit]

The text says

The "band" or "spread" in Fig.1 is €0.4 (from €1.2 to €0.8).

but Figures 1, 2, and 3 show a band from €1.2 to €1.8. Is this a typo in the text or in the figures? If not, could someone please elaborate on the numbers so that it makes sense to the layman? Under Criticisms the first entry is a tautology - effectively it says because fixed exchange is not floating exchange it does not have the supposed self-correcting readjustments possible with variable or floating exchange rate. This is nonsense and obviously written by someone conditioned to the now defunct international monetary system and monetarist economic nonsense. Blend the article and review.martinpclancy'eircom.net - sorry I don't know what a tiddle is! — Preceding unsigned comment added by 109.76.114.60 (talk) 16:04, 17 April 2012 (UTC)

Wikipedia:Manual of Style[edit]

I have restored the edits that I did that User:Sridevi Tolety reverted, and made more edits to bring this in line with the Wikipedia Manual of Style. In particular:

  • fix the capitalisation of headings per WP:HEAD - Wikipedia uses sentence case for headings, not title case
  • remove repeated links and links to plain English words per WP:OVERLINK
  • titles of books are italicised, titles or articles are shown in inverted commas/double quotation marks -- don't use both formattings for the same title
  • articles that are linked in the text should not be linked again in the "see also" section.

It took a fair bit of effort to restore my edits without wiping our Sridevi's subsequent edits. I won't do that again - if s/he restore all of those redundant links, I will just revert the whole mess next time. Ground Zero | t 09:37, 16 September 2011 (UTC)

I have had to restore these edits a second time. Sridevi should be aware that reverting edits that another user has explained on the talk page is rude, and can lead to a user being blocked from editing. Ground Zero | t 09:47, 16 September 2011 (UTC)

Merger Proposal[edit]

I propose that Fixed exchange rate be merged into Fixed exchange-rate system. These obviously cover the same topic and the more approachable article at the former would be a great addition to this article which is rather complex comparatively. I am not personally familiar with the subject matter, but I can perform the merge if no one else steps up. MyNameWasTaken (talk) 20:51, 27 February 2012 (UTC)

I agree with your proposal, but, just curious: where would you put the smaller article within the larger? Aaronjbaylis (talk) 00:48, 14 March 2012 (UTC)
After careful review, I think this content would be best placed in the exchange-rate regime article. I don't think there's enough content to write full separate articles for each type of exchange rate regime, and an article on exchange rate regimes would need to cover the various types anyway. I think it would be best to have a thorough, full-bodied exchange rate regime article, and have redirects pointing to the various subsections (Fixed exchange rate -> Exchange-rate regime#Fixed exchange rate). I think this would be favorable to the present scatter of incomplete yet related content. I'll probably start working on this soon-ish. John Shandy`talk 08:41, 8 July 2012 (UTC)
I agree with John Shandy's suggestion. I am in the process of improving the content on many of these pages as some of the definitions are a little off and belong in different sections. Nkrus1 (talk) 14:53, 11 July 2012 (UTC)

Claim about pre-Euro currencies still existing[edit]

I removed this claim from the article during merge:

The currencies of the countries that now use the euro are still existing (for old bonds). The rates of these currencies are fixed with respect to the euro and to each other.

This was tagged as needing a citation, and hasn't yet gotten one. -- Beland (talk) 16:38, 14 May 2014 (UTC)