How can a central bank peg the value of its currency relative to another currency?

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International Financial Management

ISBN: 978-0132162760

2nd edition

Authors: Geert Bekaert, Robert J. Hodrick

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Question Posted: May 28, 2012 03:58 AM

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How can a central bank peg the value of its currency relative to another currency?

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To peg the value of its currency to another currency the government must ma...View the full answer

International Financial Management

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