"crawling peg" meaning in All languages combined

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          "text": "Many analysts assume that a floating rate would have the same general tendency over time as a rate devaluing according to a crawling peg, but this is not certain. If the exchange rate is “undervalued,” for example, in the sense that foreign exchange is in excess supply, a crawling-peg policy would preserve the undervaluation; a floating exchange rate would appreciate and therefore be less inflationary.",
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          "ref": "1999 January 2, Joseph Kahn, quoting Alan Greenspan, “Era May End For Floating Currencies”, in The New York Times, →ISSN:",
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        "(economics) An exchange rate regime that allows depreciation or appreciation to happen gradually."
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          "text": "Especificó que, si la inflación de diciembre resulta de 2,5% mensual el crawling peg se reducirá a 1% y si la inflación mensual se mantiene en 1,5% m/m durante tres meses la devaluación del peso se eliminaría.",
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