Managed float regime: Difference between revisions
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{{Unreferenced stub|auto=yes|date=December 2009}} |
{{Unreferenced stub|auto=yes|date=December 2009}} |
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'''Managed float regime''' is the current [[international finance|international financial]] environment in which [[exchange rate]]s fluctuate from day to day, but [[central bank]]s attempt to influence their [[country|countries']] exchange rates by [[buy]]ing and [[sell]]ing [[currency|currencies]]. It is also known as a '''dirty float'''. |
'''Managed float regime''' is the current [[international finance|international financial]] environment in which [[exchange rate]]s fluctuate from day to day, but [[central bank]]s attempt to influence their [[country|countries']] exchange rates by [[buy]]ing and [[sell]]ing [[currency|currencies]]. It is also known as a '''dirty float'''.<ref>[http://abinomics.com/glossary/finance/d/Dirty-Float/ Dirty Float | Abinommics.com]</ref> |
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In an increasingly integrated world economy, the currency rates impact any given country's economy through the [[trade balance]]. In this aspect, almost all currencies are ''managed'' since [[central bank]]s or [[Governments]] intervene to influence the value of their currencies. |
In an increasingly integrated world economy, the currency rates impact any given country's economy through the [[trade balance]]. In this aspect, almost all currencies are ''managed'' since [[central bank]]s or [[Governments]] intervene to influence the value of their currencies. |
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==References== |
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<references> |
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==See also== |
==See also== |
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*[[December Mistake]] |
*[[December Mistake]] |
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Revision as of 18:30, 1 June 2010
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Managed float regime is the current international financial environment in which exchange rates fluctuate from day to day, but central banks attempt to influence their countries' exchange rates by buying and selling currencies. It is also known as a dirty float.[1]
In an increasingly integrated world economy, the currency rates impact any given country's economy through the trade balance. In this aspect, almost all currencies are managed since central banks or Governments intervene to influence the value of their currencies.
References
<references>
See also
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