Countries usually do not have difficulty maintaining a pegged exchange rate, even when they are experiencing major political or economic problems.

Question

Quizplus · Accepted Answer

Countries can have difficulty maintaining a pegged exchange rate, especially during times of economic or political instability. This is because such events can cause fluctuations in currency demand and supply, which can then make it difficult for countries to maintain their peg.

Countries Usually Do Not Have Difficulty Maintaining a Pegged Exchange