crawling peg
Crawling peg system likely from 2024’s first quarter
BB sits with ABB, BAFEDA
BB to adopt crawling peg to curb exchange rate volatility
The peg system would be linked to a carefully selected basket of currencies and operate within a predefined exchange rate corridor
BB to adopt crawling peg. Can it end exchange rate volatility?
BB's adoption of crawling peg as per IMF prescription will possibly rule out a market-driven exchange rate, as suggested
What is a crawling peg?
Its a system of exchange rate adjustments in which a currency with a fixed exchange rate is allowed to fluctuate within a band of rates.
Crawling peg system likely from 2024’s first quarter
BB sits with ABB, BAFEDA
BB to adopt crawling peg to curb exchange rate volatility
The peg system would be linked to a carefully selected basket of currencies and operate within a predefined exchange rate corridor
BB to adopt crawling peg. Can it end exchange rate volatility?
BB's adoption of crawling peg as per IMF prescription will possibly rule out a market-driven exchange rate, as suggested
What is a crawling peg?
Its a system of exchange rate adjustments in which a currency with a fixed exchange rate is allowed to fluctuate within a band of rates.
