Freely floating regime
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Freely floating regime is a phenomenon that occurs when the exchange rate is determined by supply and demand for the currency.
Definitions
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Freely floating regime. Occurs when the exchange rate is determined by supply and demand for the currency.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
