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Questions tagged [pegged exchange rate]

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GyeongjuGlorious GyeongjuGlorious Wed Aug 07 2024 | 6 answers 1395

What is a pegged exchange rate?

Could you please explain what a pegged exchange rate is? I'm curious to understand how it differs from a floating exchange rate and what are the advantages and disadvantages of using a pegged exchange rate system. Additionally, could you provide some examples of countries that have implemented a pegged exchange rate system in the past or present?

What is a pegged exchange rate?

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