free-floating
adjective
FINANCE ukusused to describe a currency's exchange rate that is not fixed in relation to another:
A free-floating exchange rate increases foreign exchange volatility.
Compare
peg noun
| 单词 | free-floating |
| 释义 | free-floating adjective FINANCE ukusused to describe a currency's exchange rate that is not fixed in relation to another: A free-floating exchange rate increases foreign exchange volatility. Compare peg noun |
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