0 a government organization in some countries that controls the value of its country's currency, often by setting a fixed exchange rate with the currency of another country:
The currency board in effect promises, if need be, to swap dollars for pesos at the stated parity without limit.
A currency board has as its sole mission guaranteeing the value of the currency.
NOVÉ SLOVÁ
European
May 10, 2021
SLOVO DŇA
Shimmer
currency board