Pegged Exchange Rate

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Pegged exchange rate

Exchange rate whose value is pegged to another currency's value or to a unit of account.

Fixed Exchange Rate

An exchange rate for a currency where the government has decided to link the value to another currency or to some valuable commodity like gold. For example, under the Bretton Woods System, most world currencies fixed themselves to the U.S. dollar, which in turn fixed itself to gold. A government may fix its currency by holding reserves of the peg (or the asset to which it is fixed) in the central bank. For example, if a country fixes its currency to the British pound, it must hold enough pounds in reserve to account for all of its currency in circulation. Importantly, fixed exchange rates do not change according to market conditions. It is also called a pegged exchange rate.

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Basic Balance Exchange Rate Fixed Exchange Rate Foreign Exchange Rate FX Rate Official Exchange Rate Rate of Exchange Tipo de cambio fijo			Finnish and Swedish domestic interest rates increased when attempts were made to defend the pegged exchange rate against recurring speculative attacks in 1989-1992. Lessons from financial liberalisation in Scandinavia by Jonung, Lars / Comparative Economic Studies Firstly, there is already very little exchange rate risk within the GCC as all six member states have pegged exchange rates. GCC states to join Kyoto Customs Convention by Gulf News (United Arab Emirates) At this stage, we believe that there is little benefit for the authorities to maintain normal undervaluation in the face of rising costs to the pegged exchange rate regime," the investment bank said. US green light for GCC forex policy switch by Gulf Daily News (Manama, Bahrain)			Payoff Profile Payout Period Payout Phase Payout Ratio Payroll Tax Pays accable par la dette Pays creancier Pays en developpement Payup PBGC PBR PC PCAOB PCBs PCE PCX PE Peace Dividend Peak Pecking-Order View Pecuniary Bequest Peer-to-Peer PEFCO Peg PEG Ratio Pegged Exchange Rate Pegging PEH PEN Penalidad por salida anticipada Penalties penalty Penalty Bid Penalty Clause Penalty Fee Penalty for Underpayment of Estimated Tax Penalty Plan Penalty Tax Pence pencil out Penetration pennant Penni Penny Penny Stock Penny Stock Reform Act Pennying Pension Pension Benefit Guaranty Corporation Pension Cost Pension Fund			pegboard pegboard pegboards pegboards PEGC PEGCGR PEGCR PEGD PEGE PEGEM PEGEO PEGF Pegfilgrastim Pegfilgrastin Pegg pegged pegged pegged pegged pegged pegged away pegged away pegged away pegged away pegged back pegged back pegged back pegged back Pegged Currencies Pegged currency Pegged Exchange Rate Pegged Exchange Rates pegged out pegged out pegged out pegged out Pegged rate Pegged to Gold Pegged to Gold Pegged to Gold Pegged to Gold pegged tooth pegged tooth pegged-down Pegger peggies pegging pegging pegging pegging pegging Pegging (disambiguation) Pegging (disambiguation) pegging away pegging away pegging away pegging away pegging back pegging back pegging back pegging back

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