Concept information
Preferred term
managed float regime
Definition(s)
- The current worldwide financial environment is called a managed (or dirty) float regime. With national and regional economies increasingly intertwined, currencies are almost universally managed by central authorities: While exchange rates fluctuate daily, central banks or other institutions buy and sell currencies in order to influence their value. [Source: Encyclopedia of Business in Today's World; Managed Float Regime]
Broader concept(s)
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-JRZ5V0FB-N
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