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: Beverages Category: Smoothies

Banana smoothie

The recipes are probably the hugest collection of smoothie recipes. Some people define a smoothie as having bananas mixed in to them. Also bananas ...

Contributor

Featured blossaries

The Greeks

Category: History   1 20 Terms

Serbian Customs

Category: Culture   2 5 Terms