Floating
in sentence
560 examples of Floating in a sentence
In the 1970s, America’s financial assault on Germany, France, and Britain (for example, by
floating
the dollar) was met by a united European establishment.
But the revaluation is likely to be a one-time affair and the free
floating
of the renminbi is probably not real because a stable currency is very much in China’s interest.
First, Macri’s government abolished exchange-rate controls and moved Argentina to a
floating
currency regime, with the Argentine peso allowed to depreciate by 60% against the US dollar in 2016.
But even if they don’t, measures that make it harder for foreign exporters to earn dollars will create a dollar scarcity, which, in an environment of
floating
exchange rates, will automatically boost the greenback’s value.
European governments were both strongly averse to
floating
exchange rates, which they assumed would be incompatible with a single market, and unwilling to perpetuate a Bundesbank-dominated monetary regime.
Indeed, a majority of countries pursue either fixed exchange rates, exchange-rate targets, or managed floating, all of which by definition entail buying and selling foreign exchange to moderate or eliminate exchange-rate fluctuations.
Quantitative Easing and the RenminbiCAMBRIDGE – The United States Federal Reserve’s policy of “quantitative easing” is reducing the value of the dollar relative to other currencies that have
floating
exchange rates.
The world no longer has a fixed exchange-rate regime, but the dollar remains the major reserve currency--a sort of
floating
Bretton Woods.
But most of southern Europe relies mainly on
floating
rates.
Economic characteristics vary significantly by country, depending on, for example, whether a fixed or
floating
foreign exchange regime is in place, and which natural resources the country controls.
Even the fabled
floating
markets in Bangkok’s canals are back, on Prayut’s orders.
The term “devaluation” is not appropriate when describing currency fluctuations within a system of
floating
exchange rates.
What if Russia were to inadvertently use a copy of the film that was pirated, as one imagines is true of most copies
floating
around in Russia?
When a bloody coup against Corazon Aquino’s fledgling democratic government failed, the leader of the putsch escaped from a
floating
prison – and then successfully ran for senator.
The rate will increase by 2.5% annually until 2015, when it will move to a
floating
rate.
He gave a fascinating talk about his adventures, complete with clips of him
floating
around, catching bubbles in his mouth, and so on.
Just as the global financial crisis has made euro membership seem more urgent and necessary than ever, euro incumbents have started
floating
proposals that would raise the bar for entry.
But intervention requires that the authorities first have both the reserves and the will to abandon (at least temporarily) their hands-off commitment to a
floating
exchange rate.
China’s Baby StepWhatever the ultimate economic effects of China’s first modest step towards
floating
its currency, one has to admire its strategic brilliance.
Only fire-breathing free-market advocates, seemingly oblivious to the fact that China’s shaky financial system cannot survive liberalization overnight, are calling for an extreme version of
floating.
Not so long ago, we were comforted by theorizing that
floating
exchange rates would mediate international adjustments in a timely and orderly way.
Floating
exchange rates were supposed to prevent countries from manipulating their currencies, but, by accumulating large quantities of US treasury bills, East Asian countries, especially China, kept their exchange rates artificially low.
For example, while a fully
floating
currency would create a beneficial combination of discipline and flexibility, it might best be delayed in favor of an adjustable (“crawling”) peg to some anchor currencies.
The Slovak koruna was initially kept within pre-defined fluctuation bands around target parities with the Deutsche Mark and the US dollar, before moving to a fully
floating
exchange rate in 1998.
Of course, the Fed’s policy reversal could hurt countries that maintain fixed – or, like China, “managed floating” – exchange rates.
Coming from different experiences, most countries converged on the adoption of a
floating
exchange rate, many in the context of inflation targeting.
But what most characterizes Latin America’s experience is that, despite publicly preaching the virtues of a
floating
rate, the authorities actively intervene in currency markets, this time in different and creative ways.
Thus, the exchange-rate regime in Latin America today is one of actively managed
floating.
But flexibility is not a synonym for “pure”
floating.
Indeed, a third lesson is that neither hard pegs nor unfettered
floating
facilitate the preservation of a competitive real exchange rate, which is crucial to promoting and sustaining economic development.
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