Economics GCSE
Floating exchange rates
What Floating exchange rates means in Economics GCSE, as defined for AQA.
Definition of Floating exchange rates
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Reference: AQA
A system in which the value of a currency is determined by the market forces of demand and supply.
Topics that use Floating exchange rates
- Exchange rates (AQA GCSE)
Related terms
- Exchange rates
- Foreign exchange markets
- Market forces
- Currency appreciation and depreciation
- Supply and demand
Using Floating exchange rates in the exam
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