adjustable peg
noun[C]
ECONOMICS,FINANCEukusavaluefor onecurrencyinrelationto another that is set but can sometimes bechanged:
Anadjustablepegsystemis akindoffixedexchangeratesystemin whichexchangeratescan bereadjustedwhenmarketconditionschange.
| 单词 | adjustable peg |
| 释义 | adjustable peg noun[C] ECONOMICS,FINANCEukusavaluefor onecurrencyinrelationto another that is set but can sometimes bechanged: Anadjustablepegsystemis akindoffixedexchangeratesystemin whichexchangeratescan bereadjustedwhenmarketconditionschange. Examplesofadjustable pegadjustable peg A movable oradjustablepegsystem is a system of fixed exchange rates, but with a provision for the revaluation (usually devaluation) of a currency. From Wikipedia I prefer to talk about theadjustablepegwhich on the one hand is not floating and on the other is adjustable. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 It is clear that the world will not co-operate except on the basis that we have stable parities and operate theadjustablepegsystem. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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