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单词 floating exchange rate
释义 floating exchange rate

floating exchange rate (also floating rate) noun [C]

(Economics )

an exchange rate for a currency that is not controlled by the government but changes as the demand for the currency changes:

a floating exchange rate system/regime

The country has adopted a floating exchange rate, allowing its currency to fluctuate against the dollar.

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更新时间:2025/2/2 12:36:24