unpeg in a sentence
v. t.
📚 Grade Level: Grade 10, Grade 11, Grade 12
Definition
UNPEG (verb): to remove a fixed exchange rate or link between a currency and another currency or asset, allowing for more flexible market fluctuations.
Crossword clues for unpeg
Crossword clue ideas and answer hints for the word "unpeg".
- Remove a currency's fixed exchange rate.
- Loosen a currency's tied value.
- Make a currency more flexible in value.
- Detach a currency from its anchor.
- Free a currency from a set rate.
Unpeg sentence examples
- The currency was unpegged from the dollar to allow for greater flexibility in the market.
- After years of stability, the government decided to unpeg the national currency to combat inflation.
- Investors reacted nervously when the central bank announced it would unpeg interest rates from the benchmark.
- In an effort to boost exports, the country chose to unpeg its currency from foreign influences.
- The decision to unpeg the exchange rate led to increased volatility in the financial markets.