crawling peg

基本解釋

As a result, the PBOChas de facto adopted a crawling-peg exchange-rate regime.
因此，人民銀行實(shí)際上采取爬行釘住匯率制。
finance.caijing.com.cn
In fact, the crawling peg encourages some kinds of capitaloutflows, such as carry trade unwinding, the dollarization of household accounts, and withdrawal by portfolio investors.
實(shí)際上，爬行釘住匯率制鼓勵(lì)某些資本的外流，比如套利交易平倉(cāng)，家庭賬戶的美元化，以及投資組合的撤離。
finance.caijing.com.cn
Interest rates have little effect on foreign exchange rates, given capital controls and a crawling peg, so US lawmakers would continue to push for looser currency controls regardless.
鑒于中國(guó)的資本管制和爬行盯住匯率制度，利率對(duì)匯率影響甚微，因此美國(guó)國(guó)會(huì)議員無(wú)論如何都會(huì)繼續(xù)施壓，要求中國(guó)政府要放寬匯率管制。
www.soenglish.com.cn

Today, it is something of a crawling peg, but China too does not have significant currency independence or much latitude for domestic money jiggering.
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The government argues that, since the crawling peg has also helped bring down inflation (it should be 2% or less next year), much of the overvaluation has been corrected—or soon will be.
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a method of stabilizing exchange rates, prices, etc, by maintaining a fixed level for a specified period or until the level has persisted at an upper or lower limit for a specified period and then permitting a predetermined incremental rise or fall