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标题: Fixed vs. Pegged - LOS 19.F [打印本页]

作者: Walex 时间: 2011-7-11 19:14 标题: Fixed vs. Pegged - LOS 19.F

Is this LOS actually asking for the difference between Fixed and Crawling Peg?

I don't see how Fixed and Pegged are different unless it's a crawling peg.

作者: senlinlang 时间: 2011-7-11 19:14

Fixed- set to a specific exchange rate.

Peg- range of applicable exchange rates. Visited and adjusted regularly.

Both violate supply and demand of currency via gov interaction.

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