Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
pegged exchange rate | Yes | No | No | No |
rate of exchange | Yes | No | No | No |
pegged exchange rate (noun) | rate of exchange (noun) |
---|---|
a range of exchange rates for a currency where the government has decided to link the value to another currency or a basket of currencies; visited and adjusted regularly. | the charge for exchanging currency of one country for currency of another |