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Peso Problem |
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Peso Problem The phenomenon in which the market prices in (or takes into account when determining the price) the small possibility of a large change. The term especially refers to exchange rates of pegged currencies, which may be slightly different from the official rates to account for the probability that currencies will drop or change their pegs. 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. |
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