Many developing nations with low inflation rates have pegged their currencies to the U.S.dollar as a way of allowing modest increases in domestic inflation rates.

Name: Many developing nations with low inflation rates have pegged their currencies to the U.S.dollar as a way of allowing modest increases in domestic inflation rates.
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Pegging a currency to the U.S. dollar is typically done to stabilize the currency and control inflation, not to allow increases in domestic inflation rates.

Many Developing Nations with Low Inflation Rates Have Pegged Their