floating exchange rate

floating exchange rate
A rate of exchange between one currency and others that is permitted to float according to market forces. Most major currencies and countries now have floating exchange rates but governments and central banks intervene, buying or selling currencies when rates become too high or too low. Compare fixed exchange rate

Big dictionary of business and management. 2014.

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  • Floating exchange rate — Floating rate may also refer to a floating interest rate applied to a loan or other lending product. A floating exchange rate or a flexible exchange rate is a type of exchange rate regime wherein a currency s value is allowed to fluctuate… …   Wikipedia

  • Floating exchange rate — A country s decision to allow its currency value to freely change. The currency is not constrained by central bank intervention and does not have to maintain its relationship with another currency in a narrow band. The currency value is… …   Financial and business terms

  • floating exchange rate — A country s decision to allow its currency value to change freely. The currency is not constrained by central bank intervention and does not have to maintain its relationship with another currency in a narrow band. The currency value is… …   Financial and business terms

  • floating exchange rate — exchange rate that changes according to the market s buyers …   English contemporary dictionary

  • Floating Exchange Rate — A country s exchange rate regime where its currency is set by the foreign exchange market through supply and demand for that particular currency relative to other currencies. Thus, floating exchange rates change freely and are determined by… …   Investment dictionary

  • floating exchange rate — A rate of exchange between one currency and others that is permitted to float according to market forces. Most major currencies and countries now have floating exchange rates but governments and central banks intervene, buying or selling… …   Accounting dictionary

  • floating exchange rate system — Purchase or sale of the currencies of other nations by a central bank for the purpose of influencing foreign exchange rates or maintaining orderly foreign exchange markets. Also called foreign exchange market intervention. Bloomberg Financial… …   Financial and business terms

  • Free Floating Exchange Rate —    A currency exchange rate that is allowed to be set completely by market forces, in contrast with a managed exchange rate using devices such as a dirty float or a crawling peg.    ► See also Dirty Float, Crawling Peg …   Financial and business terms

  • Exchange rate — Foreign exchange Exchange rates Currency band Exchange rate Exchange rate regime Exchange rate flexibility Dollarization Fixed exchange rate Floating exchange rate Linked exchange rate Managed float regime Markets Foreign exchange market Futures… …   Wikipedia

  • Exchange rate — The price of one country s currency expressed in another country s currency. The New York Times Financial Glossary * * * exchange rate exˈchange rate noun [countable] FINANCE the price at which one currency can be bought with another: • If the… …   Financial and business terms

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