|
WordNet-Online
| ||||
Definitions from the WebDepeggingDescription:Depegging refers to the action of separating or disconnecting one item, typically a currency, from another. It is commonly used in the context of financial markets and international currencies when a fixed exchange rate is abandoned. Sample Sentences:As a Verb:1. After years of economic instability, the government decided to depeg the national currency from the US dollar. 2. The central bank announced its plan to depeg the currency in an attempt to stimulate the economy. As a Noun:1. The sudden depegging of the currency caused a significant ripple effect throughout the global financial markets. 2. Economists debated the potential consequences of depegging on the country's inflation rate. Related Products:Explore related books and resources on depegging: | ||||
departure tax departure time departures depatur depaul depavity depcit depeche depegging depekote depend depend on depend upon dependability dependable dependableness dependably
|