ADJUSTABLE PEG
A policy in exchange rate which is adopted by some countries in which the national currency is largely fixed or pegged to a major currency such as euro or U.S. dollar, but is still subject for readjustment from time to time within a constricted interval. The intention of periodical adjustments are usually towards the improvement of the competitive position of a country in the export market.
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ECONOMIC CALENDAR
Time | Country | Indices | Period |
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04:00 | Expected Annual Inflation 2y from now | 4 quarter | |
07:00 | Economy Watchers Survey | Oct | |
10:30 | New Yuan Loans | Oct | |
01:30 | Westpac Consumer Sentiment | Nov | |
01:50 | M2 Money Supply + CD | Oct | |
02:30 | NAB Business Confidence | Oct | |
08:00 | Prelim Machine Tool Orders | Oct | |
09:00 | CPI | Oct | |
09:00 | Harmonized CPI | Oct |