CEFR C1

unpeg

verb

Meaning

To release something that has been fixed or attached, especially a currency from a fixed exchange rate.

Examples

The central bank will unpeg the currency at the end of the month.
Analysts predicted that the country would soon unpeg its exchange rate.

Synonyms: release, detach, unfasten, unfix

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unpeg (C1)

verb

Pronunciation: ʌnˈpɛɡ

Definition

To release something that has been fixed or attached, especially a currency from a fixed exchange rate.

Examples

The central bank will unpeg the currency at the end of the month.
Analysts predicted that the country would soon unpeg its exchange rate.
After years of being pegged, the currency was finally unpegged.

How to Use unpeg

unpeg from (prepositional phrase): To release a currency or value from being fixed to another. — "The government decided to unpeg the currency from the US dollar."
unpeg something (verb): To detach or remove something from a fixed position. — "The artist had to unpeg the canvas from its easel."

Synonyms of unpeg

Words with a similar meaning to unpeg:

Antonyms of unpeg

Words with the opposite meaning to unpeg:

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