Floating Exchange Rate System

Business, Legal & Accounting Glossary

Definition: Floating Exchange Rate System


Floating Exchange Rate System


Full Definition of Floating Exchange Rate System


A system in which the value of a nation’s currency is determined by market forces without intervention by the government.


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Definition Sources


Definitions for Floating Exchange Rate System 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.