soft peg regime
A soft peg regime refers to a type of exchange rate system in which the value of a currency is loosely linked to another currency or a basket of currencies, allowing for some fluctuation within a certain range. It is a less rigid approach compared to fixed exchange rate regimes, as it allows some flexibility in the currency's value but still maintains a relatively stable exchange rate.
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Related Concepts (1)
Similar Concepts
- crawling band regime
- crawling peg regime
- currency board regime
- currency pegs
- exchange rate regime
- fixed exchange rate regime
- floating exchange rate regime
- free float regime
- hybrid exchange rate regime
- independent float regime
- managed float regime
- pegged exchange rate
- pegged exchange rate regime
- regime shifts
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