currency pegs
Currency pegs refer to a fixed exchange rate system where a country's currency is directly linked or "pegged" to another currency, a basket of currencies, or a commodity, setting a specific value for the domestic currency relative to the chosen reference. This helps stabilize exchange rates and provides stability for international trade and investment.
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Related Concepts (1)
Similar Concepts
- country's currency stability
- currency appreciation
- currency depreciation
- currency devaluation
- currency exchange rates
- currency hedging
- currency stability
- currency swaps
- currency union
- fixed exchange rate
- pegged exchange rate
- pegged exchange rate regime
- rigid peg regime
- soft peg regime
- speculation on exchange rates