Peg: Difference between revisions
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imported>Doug Williamson (Add definition. Source: Linked pages) |
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* [[Crawling peg system]] | * [[Crawling peg system]] | ||
* [[Managed float]] | * [[Managed float]] | ||
* [[PayPal USD]] | |||
* [[Stablecoin]] | * [[Stablecoin]] | ||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
Revision as of 10:06, 30 July 2024
1. Noun.
An exchange rate system in which exchange rates are either fixed, or managed within a range on either side of a target exchange rate.
2. Verb.
To establish a fixed conversion rate for an asset, into a more widely accepted asset.
