# Central rate ((angel) central rate; central parity)

- Canonical URL: https://www.gerhardmerk.de/central-rate-angel-central-rate-central-parity
- Post ID: 592955
- Modified: 2023-07-25T20:58:19+00:00
- Language: en

## Definition

In general, the exchange rate of a currency within an exchange rate system which is to be kept as stable as possible with respect to the intervention currency. - In particular, the exchange rate of a currency participating in ERM II vis-à-vis the EUR, around which the fluctuation bands are fixed. - See also exchange rate adjustment, exchange rate mechanism II. - Cf. the (worldwide) central rates in the Bundesbank's quarterly booklet "Devisenkursstatistik". Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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