Sentence examples for a pegged currency from inspiring English sources

The phrase "a pegged currency" is correct and usable in written English.
It is typically used in economic contexts to refer to a currency that is fixed or tied to another currency or a basket of currencies.
Example: "Many countries choose to adopt a pegged currency to stabilize their economy and control inflation."
Alternatives: "fixed exchange rate" or "currency peg".

Exact(5)

For a country with a pegged currency, that is scary.

Beijing has so far insisted on maintaining both a pegged currency and controls on capital flows.

But that will remain the case so long as China insists on playing by different rules — including a pegged currency.

Its job is greatly complicated by its desire to maintain a pegged currency: buying dollars at the fixed rate of 8.3 yuan creates a lot of extra liquidity that it then struggles to mop up.Indeed, the Chinese authorities are caught in a bind.

The National Bank of Denmark pushed the rate back into positive territory on April 24th, raising it to 0.05%, this time to counter a weakening krone.Though one should be wary about reading too much into the experience of a small economy with a pegged currency, the Danish experiment seems to indicate that negative interest rates can help to contain upward pressures in the foreign-exchange markets.

Similar(55)

And second, a stable, if not pegged, currency relationship, which is necessary to ensure that the intentional trade imbalances do not result in the appreciation of the export country's currency, thereby increasing the cost of their exports and undermining the export strategy.

A group of senators has urged him to side with a paper company that wants the Commerce Department to treat China's pegged currency as a subsidy subject to countervailing duties.

First in line were the other Baltic states, also suffering from popped credit bubbles and pegged currencies.

It was a way of pegging currencies to something of real value, and thereby of pegging currencies to each other).

As for speeding up euro membership, she thought not, though newcomers might get faster entry into a scheme to peg currencies to the euro.

He dismayed the Europeans by refusing to join them in pursuing stabilisation measures by pegging currencies.

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