Managed-float regime
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Managed-float regime is a phenomenon that occurs when there is significant government intervention to control the exchange rate via manipulation of the currency's supply and demand.
Definitions
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Managed-float regime. Occurs when there is significant government intervention to control the exchange rate via manipulation of the currency's supply and demand.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
