Solved

A Crawling Peg Is

Question 66

Multiple Choice

A crawling peg is:


A) an exchange rate that is allowed to float or move within a defined or set band relative to another currency.
B) a managed float where an exchange rate is allowed to appreciate in controlled steps over time.
C) an exchange rate determined by the supply and demand factors in the FX markets.
D) a constant rate of exchange between currencies.

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