Hard peg

From CNM Wiki
Revision as of 03:42, 2 June 2020 by Kevmwangi (talk | contribs) (Created page with "Hard peg is an exchange rate policy in which the central bank sets a fixed and unchanging value for the exchange rate. ==Definition== According to Principles of Economi...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Hard peg is an exchange rate policy in which the central bank sets a fixed and unchanging value for the exchange rate.

Definition

According to Principles of Economics by Timothy Taylor (3rd edition),

Hard peg. An exchange rate policy in which the central bank sets a fixed and unchanging value for the exchange rate.
Retrieved from "https://wiki.cnmcyber.com/w/index.php?title=Hard_peg&oldid=47679"