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.