Peg

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Definition: Peg

Peg

Quick Summary of Peg

A monetary policy that ties the value of one nation’s currency to the value of another nation’s currency. For example, at the time of this writing, the Chinese Yuan is pegged at 8.027 Yuan per U.S. Dollar (USD/CNY 8.027).

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Page URL
https://payrollheaven.com/define/peg/
Modern Language Association (MLA):
Peg. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
February 03, 2025 https://payrollheaven.com/define/peg/.
Chicago Manual of Style (CMS):
Peg. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/peg/ (accessed: February 03, 2025).
American Psychological Association (APA):
Peg. PayrollHeaven.com. Retrieved February 03, 2025
, from PayrollHeaven.com website: https://payrollheaven.com/define/peg/

Definition Sources

Definitions for Peg are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 28th November, 2021 | 0 Views.