HomeDefinitionsCompareDebt Freely floating exchange rate systemThe financial definition for Freely floating exchange rate system:Monetary system in which exchange rates are allowed to move due to market forces without intervention by country governments. Similar MatchesFixed for floating swapFixed for floating swapAn interest rate swap in which the fixed rate payments are traded for a floating rate. Floating debtFloating debtShort-term debt that is renewed and refinanced constantly to fund capital needs of a firm or institution. Floating exchange rate systemFloating exchange rate systemPurchase or sale of the currencies of other nations by a central bank for the purpose of influencing foreign exchange rates or maintaining orderly foreign exchange markets. Also called foreign-exchange market intervention. Further SuggestionsFloating rate note (FRN)Floating rate preferred Floating supply Inverse floating rate note Receive floating counterparty Click to compare definitions of Freely floating exchange rate system Click to view definitions beginning fr |