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Adjustable peg
An exchage rate policy where a country's national currency is fixed to a major currency like the U.S. dollar, but where the rate can be changed within a defined interval.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Currency exchange
- Company:
- Product:
- Acronym-Abbreviation:
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