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Unpeg |
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Unpeg To remove a peg to which a country's currency previously subscribed. For example, Kuwait unpegged the Kuwaiti dinar from the U.S. dollar and shifted to a currency basket in 2007 because the dollar was weak at the time, resulting in high inflation. When a country unpegs a currency, it may choose to peg the currency to something else or to let it float. 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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No references found | On a real effective exchange rate basis, the yuan has appreciated against the dollar between 14 and 26 percent, depending on the measure used, since unpegging from the dollar in 2005, the report said. On a real effective exchange rate basis, the yuan has appreciated against the dollar between 14 and 26 percent, depending on the measure used, since unpegging from the dollar in 2005, the report said. On a real effective exchange rate basis, the yuan has appreciated against the dollar between 14 and 26 percent, depending on the measure used, since unpegging from the dollar in 2005, the report said. |
unpegging |
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