floating exchange rate
A floating exchange rate refers to a system where the value of a country's currency is determined by supply and demand in the foreign exchange market and is allowed to fluctuate freely without intervention from the government or central bank.
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Related Concepts (1)
Similar Concepts
- currency exchange rate management
- currency exchange rates
- currency swaps
- exchange rate management
- exchange rate policies
- exchange rate volatility
- exchange rates
- fixed exchange rate
- fixed exchange rate regime
- floating exchange rate regime
- floating-for-fixed swaps
- foreign exchange
- foreign exchange market
- foreign exchange swaps
- speculation on exchange rates