crawling pegs
crawling pegs is the plural of crawling peg.
Meaning of crawling peg
Noun
crawling peg (plural crawling pegs)
- An exchange rate regime that allows depreciation or appreciation to happen gradually.
- Many analysts assume that a floating rate would have the same general tendency over time as a rate devaluing according to a crawling peg, but this is not certain. If the exchange rate is “undervalued,” for example, in the sense that foreign exchange is in excess supply, a crawling-peg policy would...1991, Paul Beckerman, The Economics of High Inflation, Springer, →ISBN, page 144
Questions about crawling pegs
- What is crawling pegs the plural of?
- Crawling pegs is the plural of crawling peg.
Words near crawling pegs in the dictionary
Source and license
Adapted from Wiktionary: crawling pegs (page history and authors); crawling peg (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “crawling pegs.” Word.ws, https://word.ws/crawling_pegs. Based on Wiktionary, CC BY-SA 4.0.
