Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,891,664,706 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Crawling Peg
(redirected from Adjustable Peg)

    Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
Crawling peg
An automatic system for revising the exchange rate. It involves establishing a par value around which the rate can vary up to a given percent. The par value is revised regularly according to a formula determined by the authorities.
Crawling Peg
A situation in which one currency links its value to that of another currency, but allows it to fluctuate within certain limits. This differs from a straight peg, which has one currency permanently valued at a certain amount in relation to another currency; it also differs from a floating currency, which changes in value according to market factors. A crawling peg may be valuable if a currency would otherwise be exceptionally volatile; it allows the currency to fluctuate to an acceptable level.
Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link 		Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
Since the squat rack has adjustable pegs and safety bars I can lower or raise them for the bench press.
3 Sneaky Little Tricks That Can Help You Lift Heavier Weights Every ... by Jim Clements / Food/cooking/nutrition community
A movable or adjustable peg system is a system of fixed exchange rates,but with a provision for the devaluation of a currency.
Currency Day Trading - Establishing Trend and Profitability by Paul Graham / Finance and Investment community
There is also a bit of heavy weather made over the role of exchange controls as a central feature of the original Bretton Woods regime, which ignores the fact that Keynes had recognized before the war that an adjustable peg exchange rate system logically entailed them.
Towards North American Monetary Union: The Politics and History of ... by Moggridge, Donald E. / Canadian Public Administration
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.