A system by which one country will actively tie its home currency value to a foreign currency for purposes of possibly staving off inflation or to prop up exports.
Cinton: Because the Renminbi is with US dollar suspension hook, at the appointed time the Chinese government not possibly again not to rise the interest rate., the Chinese government interest on futures pressure can be very big.
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short for Back Office Monkey, the B.O.M. usually works in Operations (The Back Office) of a Financial Services company doing redundant and unstimulating work.
"This B.O.M. on the 8th floor keeps asking me if there are any openings in banking, yeah right."
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