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: Photography Category: Cameras & parts

Image authentication

Menu item that allows one to choose whether or not to embed image authentication information, allowing alterations to be detected using Nikon's ...

Contributor

Featured blossaries

Religious Fasting

Category: Religion   2 20 Terms

Best Ballet Companies for 2014

Category: Arts   1 1 Terms