Difference between revisions of "H hard peg"
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==Definition== | ==Definition== | ||
According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | 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. |
[[Category: Economics]][[Category: Articles]] | [[Category: Economics]][[Category: Articles]] | ||
Revision as of 03:39, 2 June 2020
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.
