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: Physics Category: Lasers

reversible tractor beam

A tractor beam is a technique that uses a light beam to attract one object to another from a distance. The term was originally coined by E. E. Smith ...

Contributor

Featured blossaries

Food to taste in Pakistan

Category: Food   1 2 Terms

Terms that will change the way we live; Internet of Things (IoT)

Category: Technology   2 7 Terms

Browers Terms By Category