Peg did the equivalent of an Indonesian dance, hopping in and out of a very cold shower.

FORBES: Move up http://i.forbesimg.com t Move down

The court heard it was made out of chicken wire, and as the cat entered a peg was dislodged, sealing the cage with a plastic flap.

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China needs to loosen its peg to the U.S. dollar, Koester says. or risk losing out on some business to lower-cost producers in other emerging markets.

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Former central banker Joseph Yam Chi-kwong sent out waves of shock yesterday when he said it was time to reconsider the peg between Hong Kong and U.S. dollars.

FORBES: Hong Kong's Ex-Central Banker Drives Doubt Into Dollar Peg

In return for the Fund's backing, Indonesia would carry out specific reforms of its financial sector, the better to prepare its economy for the rupiah peg and ease the concerns of the IMF and foreign investors.

CNN: Indonesia's Agony