ZetaCE  +  960762 Tue, 03 Nov 09 03:26 PM 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 ZetaCE Joined on Tue, Oct 27 2009 New Member 03 Clauses, Writing, Interests Rates

	Huevos  +  960767 Tue, 03 Nov 09 03:34 PM ZetaCE “The territory's currency peg to the US dollar is helping” "Peg" is a noun in this context. Huevos Joined on Tue, Mar 25 2008 Regular Member 626 British Native Clauses, Nouns, Writing, Context

	ZetaCE  +  960793 Tue, 03 Nov 09 04:50 PM 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 ZetaCE Clauses, Nouns, Writing, Context

	Huevos  +  960829 Tue, 03 Nov 09 05:25 PM Peg: Noun: Economics. The level at which some price, exchange rate, etc., is set. ZetaCE “Actually, how can we know whether it works as a noun or a verb ?” Because it has an article for a start. ZetaCE “The territory’s currency peg” "Territory's currency" is adjectival phrase within this noun phrase (well not exactly but let's look at it that way). If it is removed the sentence retains the same meaning. i.e. "The peg to the US dollar is helping boost fund inflows." In this sentence you can probably now see it is clearly a noun. Huevos Articles, Clauses, Nouns, Noun Phrases, Writing, Sentences, Phrases