unpeg

Release from fixation

To unpeg is to release something from a fixed attachment or value.

Literally, to remove a peg holding something in place.

More commonly, it refers to currencies or prices: to unpeg a currency is to stop tying its value to another currency or standard: Switzerland unpegged the franc from the euro in 2015.

The opposite of peg.

detach

unhook

Release from a curved fastener

release · disconnect · separate · remove · loosen · disengage · free · extract · unclasp · unhitch

currency

devaluation

Lowering of currency worth

appreciation · depreciation · volatility · fluctuation · speculation · arbitrage · parity · basket · trading · inflation

policy

liberalization

Reducing state economic controls

restructuring · flexibility · intervention · independence · autonomy · decoupling · untethering · unbinding

Categories
Opposites
fastening/securing

unpegpeg

Wooden pin for fastening

pin · fasten · secure · attach · anchor

economic policy (currency)

unpegpeg

Wooden pin for fastening

fix · anchor · tie · link · stabilize

Family

unpegged

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G