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Floating exchange rate |
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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 MatchesReceive floating counterpartyReceive floating counterpartyThe transaction in an interest rate swap who receives payments based on the floating rate and makes payments based on the fixed rate. Inverse floating rate noteInverse floating rate noteA variable-rate security whose coupon rate increases as a benchmark interest rate declines. Floating exchange rate systemFloating exchange rate systemPurchase 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. Fixed for floating swapFixed for floating swapAn interest rate swap in which the fixed rate payments are traded for a floating rate. 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. Further SuggestionsFreely floating exchange rate systemFloating rate preferred Floating rate note (FRN) Floating debt |
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