crawling peg in English

noun
1
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.
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?

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Below are sample sentences containing the word "crawling peg" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "crawling peg", or refer to the context using the word "crawling peg" in the English Dictionary.

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.