Floating exchange rate
id:
floating-exchange-rate-232-7759930
title:
Floating exchange rate
text:
In macroeconomics and economic policy, a floating exchange rate is a type of exchange rate regime in which a currency's value is allowed to fluctuate in response to foreign exchange market events. A currency that uses a floating exchange rate is known as a floating currency, in contrast to a fixed currency, the value of which is instead specified in terms of material goods, another currency, or a set of currencies. In the modern world, most of the world's currencies are floating, and include the
brand slug:
wiki
category slug:
encyclopedia
description:
Currency value as determined by foreign market events
original url:
https://en.wikipedia.org/wiki/Floating_exchange_rate
date created:
date modified:
2024-04-26T16:31:04Z
main entity:
{"identifier":"Q594063","url":"https://www.wikidata.org/entity/Q594063"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/7/78/Exchange_rate_arrangements_map.svg","width":863,"height":443}
fields total:
13
integrity:
15