crawling peg system

  

Definition

Procedure in which a currency's exchange rate is periodically adjusted, usually to counter the effects of inflation. The exchange rate remains fixed between one change (crawl) to the next.

Related Videos




http://www.businessdictionary.com/definition/crawling-peg-system.html

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z