Managed float regime

Managed float regime is the current international financial environment in which exchange rates fluctuate from day to day, but central banks attempt to influence their countries' exchange rates by buying and selling currencies. It is also known as a dirty float.

In an increasingly integrated world economy, the currency rates impact any given country's economy through the trade balance. In this aspect, almost all currencies are managed since central banks or governments intervene to influence the value of their currencies. According to the International Monetary Fund, as of 2014, 82 countries and regions used a managed float, or 43% of all countries, constituting a plurality amongst exchange rate regime types.[1]

List of countries with managed floating currencies

Source IMF as of April 31, 2008

References

  1. "IMF finds more countries adopting managed floating exchange rate system". Nikkei Asian Review. Nikkei. August 19, 2014. Retrieved 5 March 2015.
  2. http://www.trinidadexpress.com/commentaries/Floating-of-the--TT-dollar-20-years-later-201153211.html. Missing or empty |title= (help)

See also

This article is issued from Wikipedia - version of the 11/4/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.