Airbnb's worth was pegged at $31 billion in its last pre-COVID-19 private fundraising in 2017.

These include livestreaming, targeted QR codes pegged to items, and object-recognition capabilities to help merchants better convert clicks into cash via WeChat, said Du Jiahui, vice-general manager of WeChat Open Platform.

Neumann offered one-stop shopping - a global offering of individual workspaces built to serve the needs of young up-and-comers on the move, and the price was pegged to the market it served with no long-term commitment.

Boeing and the FAA had previously outlined a plan to resume MAX deliveries pegged to completion of pilot training on the updated anti-stall system.

A rise in HIBOR can in turn lift the Hong Kong dollar , which is pegged to the US dollar at a tight range of 7.75 to 7.85.

To defend the peg, the Hong Kong Monetary Authority (HKMA), the city's de-facto central bank, buys local dollars if it gets too weak and sells to curb excessive strength.

However, according to Ho, the two real game-changers for Libra are its broad user base built on the Facebook ecosystem, as well as a global payment network pegged to a pool of convertible flat currencies, meaning it could practically become a de facto online currency in the future.

They were worried about the market's stability and the Hong Kong-US dollar peg," Ngai recalled.

The World Bank has pegged China's GDP growth target for this year at 2 percent, compared with 1.6 percent earlier, with the nation likely to be the only major economy to record positive growth this year, before accelerating to 7.9 percent growth in 2021.

There is still ample room for cutting loan rates at local levels, and more local governments are going to follow suit in the future, with the majority－except for first-tier cities and major hotspot second-tier cities－likely to peg their home loan rates to the bottom of the required level.

The USDA pegged corn production for the 2019/20 marketing year at 13.692 billion bushels, based on average yields of 168 bushels per acre.

The USDA pegged wheat export sales at 80,600 metric tons for 2019/2020 marketing year, down 74 percent from the previous week and 87 percent from the prior four-week average.

The USDA, in its monthly supply and demand report released on Thursday, pegged the US corn yield at 168.4 bushels per acre, compared with 168.2 bushels in September.

The comments can either be in real-time or left by previous viewers pegged to specific moments of a video.

Anderson Economic Group in East Lansing, Michigan, estimated that the first week of the strike would cost the economy $25 million, but Wall Street analysts peg the economic loss at $50 million or more per day.

In 2022, with weakening market supply and demand-driven appreciation of the yuan exchange rate, the exchange rate may be pegged again to the US Dollar Index.

"The digital yuan can help the city transform its monetary system from the Hong Kong dollar's 37-year-old peg to the greenback to a basket of currencies," Chen added.

This misconception is due to the fact that the renminbi was pegged to the dollar for a long period of time.

In the past, the yuan was pegged only to the dollar.

In its exchange rate policy reform, the PBOC pegged the yuan to a basket of currencies.

"Even for a stable coin, no matter whether it is pegged to one currency or a basket of currencies, when used in cross-border payments the process is complicated since the account holders need to convert their currency to the pegged currency basket and vice versa," Moon said.

Backed by a real reserve and pegged to a basket of major currencies, Libra could become a "hard currency" circulating worldwide, even though it is too early to say if the new digital currency will be successful, Zhou said.

It is not pegged to a single currency.

Other currencies, which are pegged to the US dollar, usually follow the Fed by adjusting domestic interest rates in order to maintain a relatively stable exchange rate.

Hong Kong tracks US rate moves because its currency is pegged to the US dollar.

More balanced and steady cross-border capital flows in China and appreciation of many other currencies pegged to dollars in the international market helped push up the forex reserves in April, an online statement from the State Administration of Foreign Exchange said on Sunday.