Difference between revisions of "Floating exchange rate system"
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| − | + | A flexible system in which the [[exchange rate]] is determined by market forces of [[supply]] and [[demand]], without [[intervention]]. | |
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| + | ==Sources== | ||
| + | http://usinfo.state.gov/products/pubs/oecon/chap12.htm | ||
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| + | [[Category:Economics]] | ||
Latest revision as of 19:49, August 20, 2010
A flexible system in which the exchange rate is determined by market forces of supply and demand, without intervention.