Exchange Currency

crawling peg

An exchange rate adjustment technique in which the par value of a fixed exchange rate is allowed to fluctuate within a certain range of values. The par value is adjusted for inflation and other market factors. A crawling peg allows the exchange rate to adjust over time, hence "crawl," rather than be adjusted by a sudden or dramatic currency devaluation, which would create instability.

Related information about crawling peg:
  1. Crawling Peg Definition | Investopedia
    A system of exchange rate adjustment in which a currency with a fixed exchange rate is allowed to fluctuate within a band of rates. The par value of the stated ...
     
  2. Crawling peg - Wikipedia, the free encyclopedia
    Crawling peg is an exchange rate regime usually seen as a part of fixed exchange rate regimes that allows depreciation or appreciation in an exchange rate ...
     
  3. Crawling Peg - Financial Glossary
    A system which permits a gradual increase or decrease in the value at which a currency's exchange rate is fixed or pegged to another currency or to a basket of ...
     
  4. Crawling Peg - Financial Dictionary - The Free Dictionary
    An automatic system for revising the exchange rate. It involves establishing a par value around which the rate can vary up to a given percent. The par value is ...
     
  5. What is crawling peg? definition and meaning
    Definition of crawling peg: An exchange rate adjustment technique in which the par value of a fixed exchange rate is allowed to fluctuate within a certain range of ...
     
  6. What is crawling peg system? definition and meaning
    Definition of crawling peg system: Procedure in which a currency's exchange rate is periodically adjusted, usually to counter the effects of inflation.
     
  7. International Monetary Reform and the “Crawling Peg”
    International Monetary Reform and the. “Crawling Peg”. The following is a guest article prepared by George W. McKenzie, Assistant Professor of Economics ...
     
  8. Definition of crawling peg
    crawling peg definition and meaning by Oxford University Press.