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Concept information

... > social science subjects > business and management > international business > international finance > international monetary system > dirty float
... > social science subjects > business and management > finance > international finance > international monetary system > dirty float
... > social science subjects > business and management > finance > monetary systems > international monetary system > dirty float
... > social science subjects > economics > macroeconomics > monetary theory > monetary systems > international monetary system > dirty float

Preferred term

dirty float  

Definition

  • “Dirty” float, also called managed float, is the result of intervention by a nation's government or central bank in the behavior of its currency on the foreign exchange market. Not a fixed exchange rate, in which the value of a currency is pegged in a static relationship to some other value (like gold or a specific foreign currency), dirty float refers to an otherwise floating exchange rate governed principally by market forces but occasionally guided—the waters dirtied—by corrective intervention. [Source: Encyclopedia of Business in Today's World; Dirty Float]

Broader concept

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-X4HMR2KR-K

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