Economics B A-Level
Floating exchange rate
What Floating exchange rate means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Floating exchange rate
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Reference: Pearson Edexcel
A policy instrument where a currency's value is determined by the market forces of supply and demand, without direct intervention from the central bank.
Topics that use Floating exchange rate
- Policy instruments (Pearson Edexcel A-Level)
Related terms
Using Floating exchange rate in the exam
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