Home > Terms > English, UK (UE) > Floating exchange rate

Floating exchange rate

An exchange rate which is allowed to move freely, finding its level as a function of supply and demand on the foreign currency market, and is subject to only limited intervention by the central bank. Opposite: fixed exchange rate.

This is auto-generated content. You can help to improve it.
0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Weather Category: Storms

Blizzard

A severe weather condition characterised by low temperatures, winds 35 mph or greater, and sufficient falling and/or blowing snow in the air to ...

Contributor

Featured blossaries

Train / Metro

Category: Engineering   1 4 Terms

Hit TV Shows

Category: Entertainment   1 34 Terms