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UNPEG - translation to arabic
UNPEG
الفعل
أزال الوتد من; فك بإزالة الوتد
unpeg
أزال الوتد من
فك بإزالة الوتد
unpeg
Definition
unpeg
¦ verb (unpegs, unpegging, unpegged)
1. unfasten by the removal of pegs.
2. cease to maintain a fixed relationship between (a currency) and another currency.
Examples of use of UNPEG
1. China‘s decision to unpeg the yuan is a significant step in that direction.
2. He also encouraged China to unpeg its currency, the yuan, from the U.S. dollar; some investors believe the yuan has unfairly weighed on the greenback in international markets.
3. While some economists do not see the need for Saudi Arabia to unpeg its currency from the dollar because it relies on one product for its revenue — oil which is valued in dollars — Dr.
4. China‘s foreign–currency reserves are so swollen from export wealth that it will soon need to either liberalize its capital flows or unpeg its currency from the US dollar.
5. Some Saudis have even gone as far as to suggest that the Kingdom should unpeg it’s currency from the US dollar to lessen inflationary worries and pass on at least a percentage of the Kingdom’s windfall of petrodollars to its citizens in the form of a decrease in the cost–of–living.