Managed float and Sterling overnight index average: Difference between pages

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A floating exchange rate system in which some government intervention takes place.  
(SONIA).


''Also called a dirty float.''
Tracks actual average market sterling funding rates each day for settlement that day where repayment is made on the following business day.
 
It is usually referred to by the acronym 'SONIA'.




== See also ==
== See also ==
* [[Exchange rate]]
* [[Euro Overnight Index Average ]]
* [[Float]]
* [[SONIA]]
* [[Managed currency]]
* [[Peg]]


[[Category:Manage_risks]]
[[Category:Corporate_financial_management]]

Latest revision as of 12:47, 15 February 2018

(SONIA).

Tracks actual average market sterling funding rates each day for settlement that day where repayment is made on the following business day.

It is usually referred to by the acronym 'SONIA'.


See also