Floating exchange rate system: Difference between revisions
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imported>Doug Williamson m (Spacing 27/8/13) |
imported>Doug Williamson m (Added category) |
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== See also == | == See also == | ||
* [[Floating rate]] | * [[Floating rate]] | ||
[[Category:Manage_risks]] | |||
Revision as of 11:14, 7 April 2014
A system in which the value of a currency relative to others is established by the forces of supply and demand in the foreign exchange markets.
Strictly speaking, this implies that intervention by the government should be absent.
