Definitions
A pegged currency or currency pegging is the process of a country attaching, or pegging its echange rate to another currency, or basket of currencies or another measure of value.
Pegging is sometimes referred to as a fixed exchange rate.
A pegged currency or currency pegging is the process of a country attaching, or pegging its echange rate to another currency, or basket of currencies or another measure of value.
Pegging is sometimes referred to as a fixed exchange rate.