Speculators often hasten the process where a country must abandon a currency peg.

Name: Speculators often hasten the process where a country must abandon a currency peg.
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Question

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Speculators can accelerate the process of a country abandoning a currency peg by betting against the currency, leading to increased pressure on the country's foreign reserves and potentially forcing it to abandon the peg to stabilize its economy.

Speculators Often Hasten the Process Where a Country Must Abandon