Значение слова "CURRENCY PEG" найдено в 2 источниках

CURRENCY PEG

найдено в "Financial and business terms"
currency peg: translation

currency peg ˈcurrency ˌpeg noun [countable]
FINANCE when a country directly relates the value of its currency to the value of another currency, usually the dollar:

• Forecasters predict no change in Hong Kong's currency peg this year, but think that China will allow the yuan to trade more freely next year.

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currency peg UK US noun [C]
ECONOMICS, FINANCE the act of connecting the value of a country's currency to that of another country: »

Brazil's real fell sharply in January 1999 after the government abandoned its currency peg.



найдено в "Investment dictionary"
Currency Peg: translation

A country's or government's exchange-rate policy of pegging the central bank's rate of exchange to another country's currency. Currency has sometimes also been pegged to the price of gold.

Also known as a "fixed exchange rate" or "pegged exchage rate".

Currency pegs allow importers and exporters to know exactly what kind of exchange rate they can expect for their transactions, simplifying trade. This in turn helps to curb inflation and temper interest rates, thus allowing for increased trade.



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