Freely floating exchange rate system

Monetary system in which exchange rates are allowed to move due to market forces without intervention by country governments.

Floating Exchange Rate System

The practice in which a central bank buys and sells one or more foreign currencies in order to affect the exchange rate of its own currency. To give a very simple example, if a central bank believes its own currency is overvalued, it may buy other currencies on the open market to increase demand and therefore the price of these currencies. The extra demand will likely drive down the exchange rate of its own currency to a lower level.

单词	freely floating exchange rate system
释义	Freely floating exchange rate system Freely floating exchange rate system Monetary system in which exchange rates are allowed to move due to market forces without intervention by country governments. Floating Exchange Rate System The practice in which a central bank buys and sells one or more foreign currencies in order to affect the exchange rate of its own currency. To give a very simple example, if a central bank believes its own currency is overvalued, it may buy other currencies on the open market to increase demand and therefore the price of these currencies. The extra demand will likely drive down the exchange rate of its own currency to a lower level.
随便看	c suite c-suite c-suite quarterly csul csula csulb csum csumb csumc csun csuna csunet csuniv csup csupd csuperb csuq csur csu-rams csu regional atmospheric modeling system csurf csurk csurma csurv csus