floating exchange rate

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

浮动汇率, 浮动汇率制度

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.
许多主要经济体都在浮动汇率制度下运作。
A pure floating exchange rate is rare, as most governments intervene occasionally.
纯粹的浮动汇率很少见,因为大多数政府偶尔会进行干预。