en

Floating exchange rate

ru

Translation floating exchange rate into russian

floating exchange rate
The country adopted a floating exchange rate to stabilize its economy.
Страна приняла плавающий обменный курс для стабилизации своей экономики.

Definitions

A floating exchange rate is a type of exchange rate regime in which the value of a currency is determined by the market forces of supply and demand relative to other currencies, rather than being fixed or pegged to another currency or a basket of currencies.