Meaning CRAWLING PEG: An automatic system for revising the exchange rate. It involves establishing a par value around which the rate can vary up to a given percent. The par value is revised regularly according to a formula determined by the authorities
More terms such as Crawling peg in Dictionary C.
- Definition Clearing House Electronic Subregister System (CHESS):
- Examples CHESS is the automatic transfer and settlement system for the majority of Australian Stock Exchange (ASX) listed securities crawling peg definition.
- Definition Currency Arbitrage:
- Examples Taking advantage of divergences in exchange rates in different money markets by buying a currency in one market and selling it in another market crawling peg explain.
- Definition Circuit Breakers:
- Examples by exchanges to stop trading temporarily when the market has fallen by a certain percentage in a specified period. They are intended to prevent a market free fall by permitting buy and sell orders crawling peg what is.
- Definition Credit Scoring:
- Examples A statistical technique that combines several financial characteristics to form a single score to represent a customer's creditworthiness crawling peg meaning.
- Definition Closing Range:
- Examples Also known as the range. The high and low prices, or bids and offers, recorded during the period designated as the official close. Related: Settlement price crawling peg abbreviation.
