Title English:
floating exchange rate
Definition English:
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 trading in the forex market. This is in contrast to a "fixed exchange rate" regime.
Title Arabic:
سعر صرف عائم
Title French:
taux d'échange flottant
Domain:
Economic Development
Subject:
Banking Statistics
InformationType:
Term
SourceSymbol:
Language staff
Link: