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: Cinema Category: Film types

Spaghetti western

It is the nickname for a broad sub-genre of Western films that emerged in the mid-1960s in Italy. The most popular directors are Sergio Leone, Sergio ...

Contributor

Featured blossaries

Far Cry 3

Category: Entertainment   2 13 Terms

Man's Best Friend

Category: Animals   1 11 Terms