floating exchange rate

US /ˈfloʊtɪŋ ɪksˈtʃeɪndʒ reɪt/
UK /ˈfloʊtɪŋ ɪksˈtʃeɪndʒ reɪt/
"floating exchange rate" picture
1.

flexibler Wechselkurs, schwankender Wechselkurs

an exchange rate regime where the value of a currency is allowed to fluctuate freely in response to foreign exchange market mechanisms, without intervention from central banks or governments

:
Many major economies operate under a floating exchange rate system.
Viele große Volkswirtschaften operieren unter einem System des flexiblen Wechselkurses.
A pure floating exchange rate is rare, as most governments intervene occasionally.
Ein reiner flexibler Wechselkurs ist selten, da die meisten Regierungen gelegentlich eingreifen.