floating exchange rate

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

While, in response to past allegations of unfairly controlling its currency's value, it's said it's committed to implementing a floating exchange rate regime, based on market supply and demand, but managed where necessary.

From BBC

At the alternative rate used for foreign transactions, the peso measured 1,490.50 to the dollar -- just shy of the outer limit of a floating exchange rate band set by the government amid high currency volatility.

From Barron's

By mid-session, it was trading at 1,485 to the dollar -- just three cents shy of the outer limit of the floating exchange rate band announced by the government.

From Barron's

On Sunday, Economy Minister Luis Caputo ruled out immediate plans to dollarize the economy or alter the floating exchange rate band, amid speculation of post-election changes.

From Barron's

Last December, the government secured a second IMF deal on the promise of implementing economic reforms, including a floating exchange rate.

From Washington Times