The meaning of PEG is a small usually cylindrical pointed or tapered piece (as of wood) used to pin down or fasten things or to fit into or close holes : pin, plug. How to use peg in a sentence.
听力原文:After a decade of being rigidly pegged to the US dollar, China's currency is finally free. Well, sort of. The People's Bank of China announced a new value, 8.11 to the dollar, strengthening the Yuan by about two percent, something the Bush Administration has been pushing for an...
aa货翡翠是什么意思 The a goods jadeite is any meaning[translate] aThey also use their savings to support a drug and alcohol awareness program to educate high school students They also use their savings to support a drug and alcohol awareness program to educate high school students[translate] ...
Maintaining the value of a currency according to the pegged exchange rates is the duty of the Central bank of the country. It has to buy or sell its currency by using the open market mechanism as the situation demands. Suppose the value of the domestic currency is falling in comparison to ...
Countries peg their currencies to the U.S. dollar because it is theworld's reserve currency, meaning a large percentage of the export and import business that goes on around the world is conducted using U.S. dollars. The U.S. dollar also is a relatively stable currency, and pegging a cu...