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: Holiday Category: Festivals

fayre

The term 'fayre' originates from England and refers to a convivial gathering that consists of local produce and products created by, sourced from, and ...

Contributor

Featured blossaries

Famous Rock Blues Guitarist

Category: Entertainment   2 6 Terms

Computer-Assisted Translation (CAT)

Category: Languages   2 5 Terms