More precise classification: adjective derived from past participle of the verb 'peg'.
Translations
The currency is pegged to the dollar.
Валюта привязана к доллару.
Definitions
Fixed or held at a certain level or position. The interest rates were pegged at 5% to stabilize the economy.
(of trousers) Tapered or narrow at the ankle. He showed up in pegged jeans that reminded me of the 1950s.
Used when describing something that has been fixed or secured with a peg, or maintained at a set level (e.g., "a pegged exchange rate").
Definitions
Fixed or secured with a peg; kept or maintained at a specified level. The country's pegged currency regime has remained stable for decades.