| 词汇 | crawling-peg |
| 释义 | crawling peg noun[ C ] ukus(alsosliding peg) ECONOMICS a method for controlling the value of a currency in relation to other currencies by allowing small regular changes in it over a period time: The country is likely to allow its currency to appreciate over a period of time with the use of a crawling peg. See also peg Examples of crawling pegcrawling peg During the military rule, the peso was on a crawlingpeg to the dollar. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. At the margin a crawlingpeg provides a target for speculative attacks. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The mechanism allowing the identification of abnormal trading in world financial markets would make reference to a crawlingpeg with an appropriate exchange rate band. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. A crawlingpeg is similar to a fixed peg, however it can be adjusted based on clearly defined rules. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Several regimes were adopted including initially the conventional peg in the sixties, regular crawlingpeg in the seventies and the eighties and crawling bands in the nineties. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. That was a pre-announced crawlingpeg, so analytically the new regime was equivalent to the fixed exchange rate. So 1991 brought another change in the regime - fixed exchange rate was substituted with the crawlingpeg. As regards symmetry, again there is no reason why a crawlingpeg institution has to work simply as a downward crawlingpeg. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 Several decisions to decrease the monthly rate of crawlingpeg devaluation and interest rate adjustments (cf. table 1 and graph 6) did not influence reserve accumulation. Now it has suddenly become fashionable to call it the "crawlingpeg". From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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