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Adjustable Peg

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Adjustable Peg
The exchange rate of a country which is pegged or fixed compared to the dollar, and the rate may be changed from time to time.
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Crawling Peg (Adjustable Peg)
An exchange rate system where a country's exchange rate is "pegged" (i.e. fixed) in relation to another currency. The official rate may be changed from time to time.
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Adjustable Peg - Term for an exchange rate regime where a country's exchange rate is "pegged" (i.e. fixed) in relation to another currency , often the dollar or French Franc, but where the rate may be changed from time to time.

See also: Investment, Rate, Pegged, Exchange rate, Held

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