Crawling peg system

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Revision as of 10:09, 7 April 2014 by 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

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