pegged currency

pegged currency
pegged currency pegged currency currency

* * *

pegged currency UK US noun [C] FINANCE, ECONOMICS
a currency whose value is controlled so that it stays at a particular level in relation to another: »

In recent times the falling dollar has dragged the pegged currencies lower.


Financial and business terms. 2012.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • Pegged — is an adjective used to describe:* a pegged currency is more formally called a fixed currency * a pegged exchange rate is more formally called a fixed exchange rate * A game called Pegged was released as part of the Microsoft Entertainment Packee …   Wikipedia

  • Currency — Money. The New York Times Financial Glossary * * * currency cur‧ren‧cy [ˈkʌrənsi ǁ ˈkɜːr ] written abbreviation cur noun currencies PLURALFORM FINANCE 1. [counta …   Financial and business terms

  • currency — money. Bloomberg Financial Dictionary The currency that the security is traded in. London Stock Exchange Glossary * * * currency cur‧ren‧cy [ˈkʌrənsi ǁ ˈkɜːr ] written abbreviation cur noun currencies PLURALFORM …   Financial and business terms

  • Currency Board — A monetary authority that makes decisions about the valuation of a nation s currency, specifically whether to peg the exchange rate of the local currency to a foreign currency, an equal amount of which is held in reserves. The currency board then …   Investment dictionary

  • Currency board — Part of a series on Government Public finance File:Governmentbhj,i,gu Vedder Highsmith detail 1.jpeg …   Wikipedia

  • Currency sign — Not to be confused with currency code (the three letter ISO 4217 abbreviation) or the ¤ currency symbol. A currency sign is a graphic symbol used as a shorthand for a currency s name, especially in reference to amounts of money. They typically… …   Wikipedia

  • currency — noun 1 money used in a particular country ADJECTIVE ▪ domestic ▪ foreign ▪ They prefer to be paid in foreign currencies. ▪ common, global, international …   Collocations dictionary

  • Currency Peg — 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… …   Investment dictionary

  • Currency union — World trade A series on Trade …   Wikipedia

  • Currency band — This article is about exchange rates. For currency packaging device, see currency strap. Foreign exchange Exchange rates Currency band Exchange rate Exchange rate regime Exchange rate flexibility Dollarization Fixed exchange rate Floating… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”