Floating Exchange Rate
Floating Exchange Rate in International Trade
Meaning of Floating Exchange Rate, according to the Dictionary of International Trade (Global Negotiator): A rate of exchange that is determined by market forces. See also clean float and dirty float.
Concept of Floating Exchange Rate
An introductory definition of Floating Exchange Rate is provided here: the rate of exchange of currencies is permitted to rise and fall with supply and demand on the international private market
Resources
See Also
- Foregin Policy
- Foreign Affairs
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