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Soft peg

Economics

Pls explain the 4 regims of soft peg.. In the lecture it is slightly confusing...

Gomathi K

CA Final

★ 40K+

11-Jul-20 10:07

582

Answers (1)

Soft Pegs - A soft peg describes the type of exchange rate regime applied to a currency to keep its value stable against a reserve currency or a basket of currencies. Currencies with a soft peg are half way between those with a fixed or hard pegged exchange rate and those with a floating exchange rate.