floating
adjective

not fixed

Examples
  • floating exchange rates

  • the floating pound

"...in a world of floating exchange rates the dollar is strong because of capital inflows rather than weak because of the nation's trade deficit" [Duns business Month]

Browse by Subjects
multiple exchange rates
shock
interest rate swap
clean float
dirty float
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Delivery Point
stochastic volatility
open account
simple interest
coincident indicator