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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 MatchesFloating 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. Floating rate note (FRN)Floating rate note (FRN)Note whose interest payment varies with short-term interest rates. Floating rate preferredFloating rate preferredPreferred stock paying dividends that vary with short-term interest rates. Fixed for floating swapFixed for floating swapAn interest rate swap in which the fixed rate payments are traded for a floating rate. 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. Further SuggestionsFloating debtReceive floating counterparty Inverse floating rate note Floating supply |
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