Difference between revisions of "Managed float regime"

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An exchange rate system in which rates for most currencies float, but central banks still intervene to prevent sharp changes.
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A '''managed float regime''' is an exchange rate system in which rates for most currencies float, but central banks still intervene to prevent sharp changes.
  
 
==Sources==
 
==Sources==

Revision as of 20:36, July 30, 2007

A managed float regime is an exchange rate system in which rates for most currencies float, but central banks still intervene to prevent sharp changes.

Sources

http://usinfo.state.gov/products/pubs/oecon/chap12.htm