Pegging the value of a currency can be done by
A. pegging to a major currency
B. pegging to a basket of currencies
C. pegging to SDR
D. any of the above
Answer: Option D
Solution (By Examveda Team)
Pegging is controlling a country's currency rate by tying it to another country's currency or steering an asset's price prior to option expiration. Pegging the value of a currency can be done by pegging to a major currency or pegging to a basket of currencies or pegging to SDR.This Question Belongs to Management >> International Finance And Treasury
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