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. | + | A flexible system in which the [[exchange rate]] is determined by market forces of [[supply]] and [[demand]], without [[intervention]]. |
==Sources== | ==Sources== | ||
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.