Search

What is another word for floating exchange rates?

Pronunciation: [flˈə͡ʊtɪŋ ɛkst͡ʃˈe͡ɪnd͡ʒ ɹˈe͡ɪts] (IPA)

Floating exchange rates are a monetary arrangement where the value of a currency is determined by the market forces of supply and demand, without government intervention. This system of exchange rates allows for flexibility and adjusts to changes in the global economy. Synonyms for floating exchange rates include flexible exchange rates, market-determined exchange rates, fluctuating exchange rates, and variable exchange rates. These terms are often used interchangeably to describe the same concept. The use of the term "floating" specifically refers to the fact that the value of the currency is not fixed and can "float" up or down depending on market conditions.
Hypernyms
Related words & questions
Search

What are the hypernyms for Floating exchange rates?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Related words: floating exchange rates definition, floating exchange rates explained, floating exchange rates history, what are floating exchange rates, what are floating exchange rates used for, floating exchange rates example, how to get a floating exchange rate, how to calculate a floating exchange rate

Related questions:

  • What are floating exchange rates used for?
  • Can a floating exchange rate change interest rates?

    • Word of the Day

    SKYMASTER AIR
    Skymaster Air is a term that represents a clear blue sky and planes soaring high in the air. However, when presented with antonyms, the word takes on a completely different meaning...