| 释义 |
Definition of crawling peg in English: crawling pegnoun A point on a scale of exchange rates in which a currency's value is allowed to go up or down frequently by small amounts within overall limits. as modifier the ERM was a crawling-peg system Example sentencesExamples - For elite classes, the middle class, and workers and peasants, the crawling peg provided critical economic benefits.
- The experience is that, sooner or later, a fixed currency or crawling peg arrangement leads to very large losses by the State as speculators pick off that currency.
- The long term goal is a crawling peg, delivering some appreciation against the dollar, but this goal will be realized over 20 years or so.
- This raises the question: are permanently fixed exchange rates within the euro zone preferable to a crawling peg system or managed float or to the more freely floating system in which the pound sterling operates, for example?
- The administration of the compensated dollar is similar to the operation of a crawling peg in foreign exchange markets.
Definition of crawling peg in US English: crawling pegnoun A point on a scale of exchange rates in which a currency's value is allowed to go up or down frequently by small amounts within overall limits. as modifier the ERM was a crawling-peg system Example sentencesExamples - The long term goal is a crawling peg, delivering some appreciation against the dollar, but this goal will be realized over 20 years or so.
- The administration of the compensated dollar is similar to the operation of a crawling peg in foreign exchange markets.
- For elite classes, the middle class, and workers and peasants, the crawling peg provided critical economic benefits.
- This raises the question: are permanently fixed exchange rates within the euro zone preferable to a crawling peg system or managed float or to the more freely floating system in which the pound sterling operates, for example?
- The experience is that, sooner or later, a fixed currency or crawling peg arrangement leads to very large losses by the State as speculators pick off that currency.
|