Meaning FLOATING EXCHANGE RATE: A country's decision to allow its currency value to change freely. The currency is not constrained by central bank intervention and does not have to maintain its relationship with another currency in a narrow band. The currency value is determined by trading in the foreign exchange market
More terms such as Floating exchange rate in Dictionary F.
- Definition Fixed Income Equivalent:
- Examples Also called a busted convertible. Convertible security that is trading like a straight security because the optioned common stock is trading well below the conversion price floating exchange rate definition.
- Definition Forward Discount:
- Examples A currency trades at a forward discount when its forward price is lower than its spot price floating exchange rate explain.
- Definition Formula Investing:
- Examples A formula-based investment technique in which investment decisions are made using predetermined timing or asset allocation models, e.g., dollar cost averaging floating exchange rate what is.
- Definition Fast Market:
- Examples Excessively rapid trading in a specific security that causes a delay in the electronic updating of its last sale and market conditions, particularly in options floating exchange rate meaning.
- Definition Futures Commission Merchant (FCM):
- Examples engaged in soliciting or accepting and handling orders for the purchase or sale of futures contracts, subject to the rules of a futures exchange and, who, in connection with such solicitation or floating exchange rate abbreviation.
