|
|||||
What is floating currency?A currency whose value is set by the currency markets; money whose exchange rate relative to other currencies is determined mainly or entirely by unrestricted trading in the currency. Most currencies are dirty float|dirty floats, which means that the government issuing them attempts to manage their traded value in some way; or else hard peg|hard pegs, in which the value is tied to something specific. For most of the last half century, most money used around the world has been floating currency. floating currency - video |
|||||
www.Definder.net Powered by Urban Dictionary |