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Depeg
(redirected from De-Pegged)

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Depeg
To remove a previously instituted peg on a currency. For example, if Currency A is pegged to Currency B at a 1:1 ratio, but the central bank for Currency A decides to let it float, it is said to be depegged from Currency B. Depegging may occur if the peg is causing inflation or if the central bank is unable to sustain the peg for other reasons.
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Hong Kong has become China's stage for internationalizing the yuan, which was de-pegged from the US dollar last month.
Confidence is high among small businesses globally, says poll by Daily News Egypt (Egypt)
Hong Kong has become China's stage for internationalising the yuan, which was de-pegged from the U.
Hiring time, not firing time by Kippreport
Kuwait is the only Gulf state that de-pegged a few years ago and pegged to a basket of currencies.
aeWe still believe in the dollar' by Gulf News (United Arab Emirates)
 
 
 
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