adjustable peg


adjustable peg
adjustable peg adˌjustable ˈpeg noun [countable]
ECONOMICS FINANCE a way of controlling exchange rate S, in which the value of certain currencies is fixed in relation to another currency, with the possibility of changing this arrangement if necessary:

• Under the adjustable peg arrangements, the currency could fluctuate within 1 percent either side of the dollar value.

— compare crawling peg

* * *

adjustable peg UK US noun [C] ECONOMICS, FINANCE
a value for one currency in relation to another that is set but can sometimes be changed: »

An adjustable peg system is a kind of fixed exchange rate system in which exchange rates can be readjusted when market conditions change.


Financial and business terms. 2012.

Look at other dictionaries:

  • Adjustable Peg — Ad|jus|ta|ble Pẹg auch: Ad|jus|tab|le Pẹg 〈[ ədʒʌ̣stəbl ] m.; s, s〉 st …   Universal-Lexikon

  • Adjustable Peg — Ad|jus|table Peg [ɛ dʒastəbl̩ ] der; s, s <aus engl. adjustable peg »regulierbare Markierung«> stufenweise Änderung der Währungsparität …   Das große Fremdwörterbuch

  • Adjustable Peg — An exchange rate policy adopted by some countries wherein the national currency is largely pegged or fixed to a major currency such as the U.S. dollar or euro, but can be readjusted from time to time within a narrow interval. The periodic… …   Investment dictionary

  • adjustable peg — /ə dʒʌstəb(ə)l peg/ noun a method of pegging one currency to another, which allows the exchange rate to be adjusted from time to time …   Dictionary of banking and finance

  • peg — [peg] verb pegged PTandPPX pegging PRESPARTX [transitive] FINANCE 1. to fix something such as prices or wages at a particular level, or fix them in relation to something else: peg something at something …   Financial and business terms

  • crawling peg — adjustable peg; sliding peg A method of exchange rate control that accepts the need for stability given by fixed (or pegged) exchange rates, while recognizing that fixed rates can be prone to serious misalignments, which in turn can cause periods …   Big dictionary of business and management

  • Crawling Peg — Als Crawling Peg (auch Crawl, gleitende Paritäten genannt) bezeichnet man ein Wechselkurssystem, bei dem sich die Wechselkurse nicht auf einmal beträchtlich, sondern mehrfach in kleineren Schritten ändern. Eine im Vorfeld festgelegte und bekannt… …   Deutsch Wikipedia

  • tuning peg — noun or tuning pin : an adjustable pin to which the strings (as of a piano or a violin) are fastened and by means of which the pitch may be varied the creak of tuning pegs in their sockets Mark Harris * * * tuning peg or tuning pin noun A peg on… …   Useful english dictionary

  • Система гибкой фиксации валютных курсов — ADJUSTABLE PEG EXCHANGE RATE SYSTEM Система фиксированных валютных курсов (см. Fixed exchange rate system), учрежденная Международным валютным фондом. В условиях такой системы валютные курсы «привязываются» к какой либо одной валюте (чаще к… …   Словарь-справочник по экономике

  • Fixer Wechselkurs — Ein Wechselkurssystem (Wechselkursregime, Währungssystem) ist eine einzel oder zwischenstaatliche Vereinbarung, welche die Bildung des Wechselkurses, also die Tauschrelation zwischen zwei Währungen, nach einheitlichen Prinzipien gestaltet.… …   Deutsch Wikipedia