How is fixed exchange rate determined?

Related questions

1. How exchange rate is determined?
2. What is implied price?
3. Are electronics cheaper in Japan?
4. What is the difference between fixed and floating exchange rates?
5. How do you convert pounds to dollars manually?
6. How do you work out an exchange rate?

Tags

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2. #risks
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5. #there
6. #predetermined
7. #internationally
8. #which
9. #prevalent
10. #currency
11. #ratio
12. #benefits
13. #different
14. #value
15. #stable
16. #pegged
17. #currencies
18. #using
19. #exchange
20. #stabilize
21. #fixed