Flexible Exchange Rate
Exchange rate that fluctuates according to a currency's supply and demand relationship with other currencies. A low demand for a certain currency will see a decrease in its value relative to other currencies; consequently, a high demand for that currency will see an increase of its Exchange Rate. Also see floating exchange rate and fixed exchange rate.

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Popular Forex Terms

coupon rate
Accounting Standards Board
Paretos Law
Association of Accounting Technicians
trade off
incremental cost
Delta Hedging
insurable interest