CryptoLordess
Sun Oct 06 2024
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6 answers
1770
How to peg a currency?
Could you please elaborate on the process of pegging a currency? What does it entail, and why would a country or financial institution choose to do so? Are there any risks associated with pegging a currency, and how are they typically mitigated? Additionally, could you provide some examples of currencies that have been successfully pegged in the past, and any insights into their outcomes?
