Basket Pegger
(redirected from Basket Peggers)

0.01 sec.

Basket Pegger

A nation with a currency that is pegged to a portfolio of several currencies with different weightings. For example, a basket pegger may attach its currency to a portfolio consisting of 40% euros, 35% U.S. dollars and 25% British pounds; these percentages determine the basket's value. Basket peggers usually follow this policy to peg their currencies without overexposing them to the fluctuations of a single currency. For example, Kuwait shifted the peg of the Kuwaiti dinar from the U.S. dollar to a currency basket in 2007 because the dollar was weak at the time and resulted in high inflation.

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	?		Financial browser	?		Full browser	?
No references found			Basic Rate Basic Rate of Income Tax Basic Time Frame Basing Point Basing Rate basis Basis Book Basis Grade Basis of Stock basis point Basis Price Basis Quote Basis Rate Swap Basis Risk Basis Swap Basis Trading Basis Weight Basket Basket credit default swap basket loan Basket Option Basket Options Basket Order Basket Peg Basket Pegger Basket Peggers Basket Purchase Basket Trade Basket Trades Batch Batch Balance Batch Header Batch Header Record Batch Identification Batch Processing Batch Trading Batch-Level Activities Battery Baud Bavarian State Mint bay Bay al Salam bay depth Bay Street bay window Bayesian Approach to Decision Making Bayesian Probability Bayesian Statistics Bayseian inference Bazaar BB			basket fish basket flower basket flower Basket Full of Puppies Basket Genappe Lothier basket hilt basket hilts Basket Jean Macé Hazebrouck Basket Lattes Montpellier Agglomération basket loan Basket Maker Basket Maker Basket Makers Basket Makers Basket neuron Basket neuron basket newel basket oak Basket of Currencies Basket of goods Basket of products Basket of Unhedged Gold Stocks Basket option Basket options Basket Order Basket Orders Basket Peg Basket Pegger Basket Peggers Basket Pegs Basket Purchase Basket Purchases basket rummy basket saddle basket saddle basket saddle basket saddle Basket Saint-Macaire-en-Mauges Basket Sancéo Troyen Basket sodomy Basket sodomy Basket sodomy basket spikemoss basket star basket star basket strainer basket sub Basket Tout Terrain Basket Trade Basket trades Basket Trading basket tube basket weave basket weave Basket weaving Basket weaving basket willow basket winding Basket worm

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

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.

Basket Pegger (redirected from Basket Peggers)

Basket Pegger
(redirected from Basket Peggers)