floating currency
noun[C]
ECONOMICSukusacurrencywhosevalueisallowedtochangeinrelationto thevalueof othercurrencies:
In anopeneconomywith afloatingcurrency,companiesexposedtointernationaltradeoftenbeartheburdenofmeasurestocontrolinflation.
Examplesoffloating currency
floating currency
The government hopes that afloatingcurrencywill de-dollarize the economy.
From
This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.A currency that uses a floating exchange rate is known as afloatingcurrency.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.When it does, the peg often overvalues the local currency relative to what its market value would be if it were afloatingcurrency.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.No one has any confidence in the euro, which is no longer afloatingcurrency.
FromEuroparl Parallel Corpus - English
But what we are finding out is that for many countries, particularly small and open countries, afloatingcurrencyis more trouble than the independent monetary policy is worth.
From theCambridge English Corpus
We learned that afloatingcurrencywas essential.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
It does, however, recognise the special position of sterling as afloatingcurrency.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
It recognises the special position of sterling as afloatingcurrency.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
There is no case to be made for afloatingcurrencywithout any regard to other currencies.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
My answer is that it must be a freelyfloatingcurrencyon the world markets.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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