Currency peg

Currency peg

When a government announces that the exchange rate of its currency is fixed against another currency or currencies. (See also currency board. )

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Part of Speech: noun
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Industry/Domain: Economy
Category: Economics
Company: The Economist
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Related terms

currency peg

Economy; Economics

When a government announces that the exchange rate of its currency is fixed against another currency or currencies. (See also currency board. )

peg

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