crawling peg in English
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?
Use "crawling peg" in a sentence
1. In March # a forwardlooking crawling peg regime was introduced with a gradually decreasing rate of devaluation
2. In March # a forward looking crawling peg regime was introduced with a gradually decreasing rate of devaluation
3. The National Bank of Hungary has continued to operate the crawling peg exchange rate regime established in 1995.
4. In March 1995 a forward looking crawling peg regime was introduced with a gradually decreasing rate of devaluation.
5. A Crawling peg is a band of rates that a fixed-rate exchange rate currency is allowed to fluctuate
6. David Laidler argued that a fixed exchange rate virtually defines a monetary policy regime, as does a crawling peg.
7. Since the abandonment of the crawling peg regime in 2000, Poland has been operating an inflation targeting regime combined with a floating exchange rate.
8. For example, while a fully floating currency would create a beneficial combination of discipline and flexibility, it might best be delayed in favor of an adjustable (“crawling”) peg to some anchor currencies.