a:to keep (something, such as a price) at a particular level or rate pegthe price of wheat at its current level b:to link (something) to another amount or value The foreign currency ispeggedto the U.S. dollar. [=its value changes when the U.S. dollar's value does] ...
The meaning of REPEG is to peg or fix (something, such as a currency) again. How to use repeg in a sentence.
1. The practice of fixing theexchange rateof acurrencyto thevalueof another currency. Most countries that peg their currencies do so to theU.S. dollar, though some peg tocurrency baskets. See also:Fixed exchange rate. 2. The act ofbuyingasecurityin a large quantity to drive up theprice....
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BEIJING—China’s new pledge to unpeg its currency from the U.S. dollar underscores a difficult fact for Beijing: Actions by the U.S. FromWall Street Journal It is far from clear that China will unpeg its currency from the dollar—something it has said it would do in the past only ...
[translate] aChina announced that it would appreciate its currency to the dollar from 8.28 to 8.11 and replace its dollar peg with “a managed float exchange rate regime” with 中国宣布它将赞赏它的货币对美元从8.28到8.11并且用“一个被处理的浮游物交换率政权”替换它的美元钉与 [translate] ...
The local currency is fixed at HK$7.80 to the U.S. dollar, a rate that has remained happily steadfast for 17 years, during which none of Leung's predecessors dared to discuss a change, either of the rate or the regime. For a former banker like Leung--previously Asia-Pacific head of ...
For example, it might be wise to store currency values in fixed-point format; $12.95 could be represented by the integer 1295, instead of the floating-point number 12.95 (which is probably inexact). If x and y are integers, test x*x == y instead of x == sqrt(y). The very common...
the baht. Thailand, faced with massive speculative bets that thebahtwould fall, nearly depleted its foreign exchange reserves trying to support its currency. AAA-rated Denmark, however, is trying to weaken, not strengthen, thekrone, meaning it will be printing money and amassing foreign reserves...
Even though tapas aren’t native to the Catalan capital, Barcelona has fully embraced these small sharing plates and absorbed them into its gastronomic scene. The word ‘tapa’, meaning ‘lid’, originates from a time when the dishes had to be covered with ...