Meaning Of The Word Crawling peg

Real Dictionary

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Crawling peg Meaning

Crawling peg Definition
Crawling peg Definition

What's The Definition Of Crawling peg?

crawling peg in British English
noun: a method of stabilizing exchange rates, prices, etc, by maintaining a fixed level for a specified period or until the level has persisted at an upper or lower limit for a specified period and then permitting a predetermined incremental rise or fall

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