fijar el tipo de cambio
Grammar & Usage
How it works
This is a transitive verbal phrase consisting of the regular -ar verb 'fijar' (to fix, set, or peg) followed by the direct object noun phrase 'el tipo de cambio' (the exchange rate). The noun phrase comprises the masculine noun 'el tipo' modified by the prepositional complement 'de cambio'. It is typically used in macroeconomic contexts where an institution, like a central bank, governs currency valuation.
Sample sentences
El banco central decidió fijar el tipo de cambio para frenar la inflación.
The central bank decided to peg the exchange rate to curb inflation.
Es arriesgado fijar el tipo de cambio sin contar con suficientes reservas internacionales.
It is risky to fix the exchange rate without having sufficient international reserves.
El gobierno busca fijar el tipo de cambio de su moneda frente al dólar estadounidense.
The government seeks to peg the exchange rate of its currency against the US dollar.
Quick facts
Mnemonic
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Example
El banco central decidió fijar el tipo de cambio para frenar la inflación.
The central bank decided to peg the exchange rate to curb inflation.
Es arriesgado fijar el tipo de cambio sin contar con suficientes reservas internacionales.
It is risky to fix the exchange rate without having sufficient international reserves.
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