Floating currency - Your Art History Reference Guide!

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Floating currency

A floating currency is a currency that uses a floating exchange rate as its exchange rate regime.

In the modern world, the majority of the world's currencies are floating, including the most widely traded currencies: the United States dollar, the Japanese yen, the euro, and the British pound sterling.

A floating currency is contrasted with a fixed currency.

Last updated: 10-11-2005 22:30:22
Last updated: 01-04-2007 01:18:57
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