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Re:African leaders launch landmark 55-nation trade zone by Double_a_92 on Monday July 08, 2019 @04:58AM (#20381075)
> Where did you get the idea that it's just a currency policy?

Not just, but it is.

E.g. Switzerland has actively tried for years to peg 1.20 CHF to 1 EUR, to ensure that exports would not be hurt by a strong CHF. ... Until it suddenly didn't anymore.

Re:African leaders launch landmark 55-nation trade zone by repolfx on Monday July 08, 2019 @07:53AM (#20381925)
Very, very likely it's still secretly pegged. CHF:EUR is extremely stable although not much that was driving its appreciation fundamentally changed .