Sentences with phrase «pegged currencies change»
Not exact matches
«The history of currency pegs is that they are susceptible to changes in economic fundamentals that warrant a completely different level in the exchange rate,» said Neil MacKinnon, global macro strategist at VTB Capital.
http://www.canadianbusiness.com/
As long China pegs its currency, it's net capital account outflow is unlikely to change, because changes in reserves are simply a function of the net flows arising from the combination of the current account and the non-PBoC part of the capital account.