If a country's currency is "pegged" to the dollar,its exchange rate is

Name: If a country's currency is "pegged" to the dollar,its exchange rate is
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If a country's currency is "pegged" to the dollar, it means that their exchange rate is fixed to a certain value relative to the US dollar. This is done by the country's central bank buying and selling its own currency as needed to maintain the fixed exchange rate.

If a Country's Currency Is "Pegged" to the Dollar,its Exchange