Floating Exchange Rate

Posted in Finance, Accounting and Economics Terms, Total Reads: 1180

Definition: Floating Exchange Rate

Most countries today have a floating rate system where the exchange rate is determined by the buying and selling in the foreign exchange market. For example the exchange rate of Rupee for dollar continuously dwindles and is not fixed at a particular rate.

Exchange rate shows how one currency is valued with respect to another currency.


Browse the definition and meaning of more terms similar to Floating Exchange Rate. The Management Dictionary covers over 7000 business concepts from 6 categories.

Search & Explore : Management Dictionary

Share this Page on:
Facebook ShareTweetShare on Linkedin