Difference between revisions of "Managed float regime"
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| − | A '''managed float regime''' is an exchange rate system in which rates for most currencies float, but central | + | A '''managed float regime''' is an exchange rate system in which rates for most currencies float, but central [[bank]]s still intervene to prevent sharp changes. |
==Sources== | ==Sources== | ||
Revision as of 00:14, October 3, 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.