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Questions tagged [currency pegged to gold]

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MountFujiMysticalView MountFujiMysticalView Thu Nov 21 2024 | 7 answers 1350

What does it mean when a currency is pegged to gold?

I want to understand the implications of a currency being pegged to gold. What does this arrangement entail and how does it affect the value and stability of that particular currency?

What does it mean when a currency is pegged to gold?

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