Flexible Exchange Rate

Business, Legal & Accounting Glossary

Definition: Flexible Exchange Rate


Flexible Exchange Rate


Full Definition of Flexible Exchange Rate


An exchange rate which fluctuates depending on the supply and demand of a currency in relation to other currencies. If there is a high demand for a particular currency, its exchange rate relative to other currencies increases, on the other hand, if there is less demand, its value decreases. Opposite of fixed exchange rate.


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March 28, 2024 https://payrollheaven.com/define/flexible-exchange-rate/.
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Flexible Exchange Rate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/flexible-exchange-rate/ (accessed: March 28, 2024).
American Psychological Association (APA):
Flexible Exchange Rate. PayrollHeaven.com. Retrieved March 28, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/flexible-exchange-rate/

Definition Sources


Definitions for Flexible Exchange Rate are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.