floating exchange rate
CulturalExample Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
At the alternative rate used for foreign transactions, the peso measured 1,490.50 to the dollar -- just shy of the outer limit of a floating exchange rate band set by the government amid high currency volatility.
From Barron's
By mid-session, it was trading at 1,485 to the dollar -- just three cents shy of the outer limit of the floating exchange rate band announced by the government.
From Barron's
On Sunday, Economy Minister Luis Caputo ruled out immediate plans to dollarize the economy or alter the floating exchange rate band, amid speculation of post-election changes.
From Barron's
Last December, the government secured a second IMF deal on the promise of implementing economic reforms, including a floating exchange rate.
From Washington Times
At a press conference Friday, central bank deputy director Alexei Zabotkin said the bank is adhering to a floating exchange rate because “it allows the economy to effectively adapt to changing external conditions.”
From Seattle Times
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
