Managed float regime
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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 to maintain a certain range. The peg used is known as a crawling peg.
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. According to the International Monetary Fund, as of 2014, 82 countries and regions used a managed float, or 43% of all countries, constituting a plurality amongst exchange rate regime types.
List of countries with managed floating currencies
This article needs to be updated.(March 2015)
- Dominican Republic
- Japan[better source needed]
- Papua New Guinea
- São Tomé and Príncipe
- Trinidad and Tobago
- "IMF finds more countries adopting managed floating exchange rate system". Nikkei Asian Review. Nikkei. August 19, 2014. Retrieved 5 March 2015.
- Japanese yen
- http://www.trinidadexpress.com/commentaries/Floating-of-the--TT-dollar-20-years-later-201153211.html. Missing or empty