A crawling peg is a system where the exchange rate is constantly devalued true or false

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asked Nov 20, 2022 76.9k views

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Prasant Kumar · Answer 1 · 2022-11-26T19:13:28+0000

Answer:

False

Step-by-step explanation:

A crawling peg is a system of exchange rate adjustments in which a currency with a fixed exchange rate is allowed to fluctuate within a band of rates.

A crawling peg is a system where the exchange rate is constantly devalued true or false

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