Currency Peg

A currency peg is a policy in which an asset is set to a specific fixed exchange rate for its currency with a foreign currency or basket of currencies.


  1. Daniels, Joseph P., Peter G. Toumanoff, and Marc von der Ruhr. "Optimal currency basket pegs for developing and emerging economies." Journal of Economic Integration (2001): 128-145.
  2. Roche, Cullen O. 2011. ‘Understanding the Modern Monetary System’.
  3. Braun, Benjamin, and Daniela Gabor. 2019. ‘Central Banking, Shadow Banking, and Infrastructural Power’.