Crawling peg system: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson (Expand to link with managed exchange rates. Source: ACT RM reading 1.1.3 October 2013, p16.) |
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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. | |||
== See also == | == See also == | ||
* [[Exchange rate]] | * [[Exchange rate]] | ||
* [[Inflation]] | * [[Inflation]] | ||
Revision as of 10:09, 7 April 2014
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.