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

Cherries smoothie

One of the most popular fruits (like strawberry) because of their great taste. Cherries are easy to enjoy either by themselves, chilled, mixed in ...

Contributor

Featured blossaries

Monet's famous paintings

Category: Arts   1 2 Terms

Emily Griffin

Category: Literature   1 4 Terms