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
quanto swap
interest rate swap
Circus Swap
See All Related Terms »

cash flow budget
trading day
private
commitment fee
revaluation