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 banks still intervene to prevent sharp changes. This is the dominant system for major currencies since the 1970s. | |
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| + | ==Sources== | ||
| + | http://usinfo.state.gov/products/pubs/oecon/chap12.htm | ||
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| + | [[category:Finance]] | ||
Revision as of 12:28, April 17, 2009
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. This is the dominant system for major currencies since the 1970s.
