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16 September 2025
| N 18:07 | Peg diffhist +3,287 Sumbul Rizvi talk contribs (Created page with "== Definition == In finance, a '''peg''' refers to the practice of fixing the exchange rate of one currency to another. This can also extend to pegging a currency to a basket of other currencies or to a physical commodity such as gold. The main objective is to provide stability and predictability to the currency’s value. == Usage Context == Pegs are typically used in various contexts within the banking and financial industry: * '''Exchange Rate Management:''' To stab...") | ||||
