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peg away

美 [peɡ əˈweɪ]英 [peɡ əˈweɪ]

peg away

verb

work doggedly or persistently: She keeps plugging away at her dissertation; Synonym: plug away slog keep one's nose to the grindstone keep one's shoulder to the wheel

数据来源：WordNet

1

Comparisons have been made to 1998 when the then financial secretary and now chief executive of Hong Kong , Donald Tsang , spent $ 15bn to protect the peg and drive away speculators betting on a devaluation .

外界将目前的情况与1998年进行了比较，当时的财政司司长、现任香港特首曾荫权（DonaldTsang）投入150亿美元以维护钉住汇率机制，并驱离押注于港元贬值的投机者。