Daily Almanac for
May 27, 2012
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Dictionary


stabiliza'tion fund"




a monetary reserve established by a country to provide funds for maintaining the official exchange rates of its currency by equalizing the buying and selling of foreign exchange. Also called equalization fund, exchange equalization fund, exchange stabilization fund.

Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.

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