free float regime
A "free float regime" refers to a currency exchange rate system in which the value of a country's currency is determined purely by the forces of supply and demand in the foreign exchange market, without any intervening government intervention or fixed exchange rate arrangements.
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Related Concepts (1)
Similar Concepts
- crawling peg regime
- currency board regime
- exchange rate regime
- fixed exchange rate regime
- floating exchange rate regime
- floating-for-fixed swaps
- free fall
- free trade
- hybrid exchange rate regime
- independent float regime
- managed float regime
- pegged exchange rate regime
- regime shifts
- rigid peg regime
- soft peg regime