| 单词 | floating rate |
| 释义 | floating rate in Finance (floʊtɪŋ reɪt) Word forms: (regular plural) floating rates noun (Finance: Foreign exchange) A floating rate is an exchange rate for foreign exchange that is set by the trading market. Fixed-for-floating swaps in different currencies are used to convert a fixed rateasset in one currency to a floating rate asset in a different currency. The exchange rate system is based on a dual official exchange rate structure: the floating rate and the export rate. A floating rate is an exchange rate for foreign exchange that is set by the trading market. |
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