Crawling peg system: Difference between revisions

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A managed exchange rate system in which the exchange rate is adjusted frequently and deliberately, perhaps many times a year, usually to reflect prevailing rates of inflation.
Historically, a managed exchange rate system in which the exchange rate was adjusted frequently and deliberately, perhaps many times a year, usually to reflect prevailing rates of inflation.





Revision as of 10:48, 9 October 2015

Historically, a managed exchange rate system in which the exchange rate was adjusted frequently and deliberately, perhaps many times a year, usually to reflect prevailing rates of inflation.


See also