Information on currencies (currently) pegged to the USD

Wannabe · Post by **Wannabe** » Wed Nov 28, 2007 4:01 am

I want to develop a better understanding of the currencies which are currently officially pegged to the dollar.

Is there any instrument or a set of instruments out there which represent the basket of international currencies pegged to the dollar? I am not sure how many of these currencies are freely tradable; do not know where to start. Perhaps there is a way to synthetically construct such an instrument from existing instruments.

Will appreciate any pointers or documents related to this topic.

tabris · Post by **tabris** » Wed Nov 28, 2007 5:02 am

there is officially pegged to dollar only and officially pegged to a basket that have usd in the composition... you might want to consider that as well

jungle · Post by **jungle** » Wed Nov 28, 2007 1:40 pm

FDAXHunter posted a guide to EM FX on NP - that might help.

And 'what Tabris said' - there are 'pegs', managed floats, etc.

doctorwes · Post by **doctorwes** » Wed Nov 28, 2007 2:35 pm

Take a look at the IMF classification (updated twice a year).