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  • Floating exchange rate - Wikipedia
    A floating exchange rate (also called a fluctuating or flexible exchange rate) is a type of exchange-rate regime in which a currency's value is allowed to fluctuate in response to foreign-exchange market mechanisms A currency that uses a floating exchange rate is known as a floating currency A floating currency is contrasted with a fixed currency whose value is tied to that of another
  • Exchange-rate regime - Wikipedia
    An exchange-rate regime is the way an authority manages its currency in relation to other currencies and the foreign exchange market It is closely related to monetary policy and the two are generally dependent on many of the same factors, such as economic scale and openness, inflation rate, elasticity of labor market, financial market development, capital mobility and etc













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