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ZetaCE Posted 17 years ago
Grammar

2 main verbs in a clause ?

The territory’s currency peg to the US dollar is helping boost fund inflows as a weak dollar makes Hong Kong assets attractive while the peg forces Hong Kong to track moves in US interest rates, which are expected to stay low for some time.

May I kindly know why there are 2 main verbs in the former part of the clause ?

Thanks a lot.

Zeta
  

Top answer

ZetaCE The territory's currency peg to the US dollar is helping "Peg" is a noun in this context.

  • ZetaCE The territory's currency peg to the US dollar is helping "Peg" is a noun in this context.
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3 Answers
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ZetaCEThe territory's currency peg to the US dollar is helping
"Peg" is a noun in this context.
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Actually, how can we know whether it works as a noun or a verb ? I feel a little bit confused in here. Since it is quite strange for me that "peg" is not a verb in this context, especially it is followed by "to"..

Thanks a lot.

Zeta
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Peg: Noun: Economics. The level at which some price, exchange rate, etc., is set.
ZetaCEActually, how can we know whether it works as a noun or a verb ?
Because it has an article for a start.
ZetaCEThe territory’s currency peg
"Territory's currency" is adjectival phrase within this noun phra

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