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Pronunciation varies by accent · verb
(finance, ambitransitive) To become detached from or to abandon a fixed exchange rate between two currencies..
It also led international bankers and hedge fund managers to expect that the region's currencies would soon or later depeg from the dollar and depreciate (or be allowed to float).
Use depeg when its meaning, tone and grammar fit the full sentence. A synonym is not always a direct replacement.
Depeg means (finance, ambitransitive) To become detached from or to abandon a fixed exchange rate between two currencies..
The closest synonym depends on the sentence and intended sense.
The opposite depends on the specific sense.
It also led international bankers and hedge fund managers to expect that the region's currencies would soon or later depeg from the dollar and depreciate (or be allowed to float).
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