Investing for Beginners , investing

investingforbeginners.eu A life spent making mistakes is not only more honorable but more useful than a life spent in doing nothing.
George Bernard Shaw

Investment Dictionary


Browse by search:

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 All

Pegged Exchange Rate

 

Pegged (fixed) exchange rate is a regime of currency which value is related to some other stronger currency or a portfolio of currencies. Many smaller emerging countries have their currencies pegged to USD or to EUR, because their economies are two small to maintain floating exchange rate

 

The main disadvantage of pegged exchange rate that country looses flexibility of monetary policy, but it is a strongest tool for control of inflation.






Last searches: investors , cost of debt , book , cash flow , stock , mid cap , debt/equity , sell , investment fund management , pref , investing , investment , beginners , stocks