A currency peg is the governmental policy of fixing the exchange rate of the nation’s currency to the currency of another country. This results in a stable exchange rate policy between the two. A ...

China will continue to value the stable US dollar peg system that underpins Hong Kong’s status as an international financial hub, despite six months of anti-government protests that have been strongly ...

This is the first article in a three-part series looking at the outlook for Hong Kong's dollar peg system under the city’s current political uncertainty. You can read the second story in the series ...

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those ...

The Bangladesh Bank today said it is contemplating the implementation of a crawling peg system to regulate unusual fluctuations in the currency's value. The peg system would be linked to a carefully ...

The Bangladesh Bank on Wednesday unveiled the crawling peg exchange rate system and allowed banks to buy and sell US dollars freely near Tk117, as well as letting go of its regulatory power of the ...

(Bloomberg) -- Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg. The Hong Kong Monetary Authority sold a record HK$60.5 billion ...

A crawling peg is a system of exchange rate adjustments in which a currency with a fixed exchange rate is allowed to fluctuate within a band of rates. The par value of the stated currency and the band ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. It is a given in polite economic society that China should move toward a more ...

LAST week, I commented on what I called an inflammatory op-ed by Paul Krugman, which argued that China's dollar peg was a beggar-thy-neighbour policy that needed to be addressed in some way. My view ...