A mechanism used by a central bank to influence a currency's exchange rate. A central bank may make an adjustment if a country's currency is not pegged to an exchange rate with another, more stable currency. In this situation, a country is said to have a managed floating exchange rate.
Browse by Subjects
year end adjustment
cost of sales adjustment
adjusted futures price
seasonal adjustment
prior year adjustments
See All Related Terms »

escape clause
Foreign Official Dollar Reserves
holding cost
Cash Delivery