|
|
Floating exchange rate |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Floating exchange rateA regime in which a country's exchange rate is allowed to fluctuate freely and be determined without intervention in the exchange market by the government or central bank.Similar MatchesFixed for floating swapFixed for floating swapAn interest rate swap in which the fixed rate payments are traded for a floating rate. Floating debtFloating debtShort-term debt that is renewed and refinanced constantly to fund capital needs of a firm or institution. Floating supplyFloating supplyThe aggregate of securities believed to be available for immediate purchase, that is, in the hands of dealers and investors wanting to sell. Freely floating exchange rate systemFreely floating exchange rate systemMonetary system in which exchange rates are allowed to move due to market forces without intervention by country governments. Floating rate note (FRN)Floating rate note (FRN)Note whose interest payment varies with short-term interest rates. Further SuggestionsFloating exchange rate systemInverse floating rate note Floating rate preferred Receive floating counterparty |
|
|
|