Depegging
Pronunciation: /ˈdeɪˈpɛɡˈdʒɪŋ/
Depegging (noun)
- The process of removing a fixed exchange rate between two currencies.
Examples
- The depegging of the currency led to market fluctuations.
- Investors were concerned about the depegging from the dollar.
Common collocations: currency depegging, depegging process, impact of depegging