A system of floating exchange rates in which the government occasionally intervenes to change the direction of the value of the country's currency.
Exchange rate policy where the value of a currency is allowed to fluctuate but the central bank will intervene from time to time.
A system of floating exchange rates where the domestic monetary authorities occasionally intervene to manage and control the exchange rate by buying or selling domestic currency against foreign Reserve currencies. In a Clean float, no intervention is used. Français: Fluctuations contrôlée Español: Flotación sucia, flotación impura, flotación manipulada
A system of floating exchange rates in which a government may intervene to change the direction of the value of the country's currency.
a term used to describe a special type of float ing currency
A floating exchange rate that is not completely free because in practice the central bank intervenes to keep it within certain limits.
Floating a currency when the rate is controlled by intervention by the monetary authorities.
A floating currency which is regularly subject to intervention, usually by the central bank, and therefore does not freely respond to market pressures.
A system of floating exchange rates where the government intervenes.
A Dirty Float is a term used to describe a special type of floating currency. A dirty float is also known as a “managed float” because the interest rates are carefully monitored by a central bank in order to assure stability. The central bank buys and sells large amounts of currencies in order to manipulate their own.
When the RBA buys and sells Australian dollars on the Forex market to influence the value of the exchange rate
An exchange rate system in which the currency is not pegged, but is "managed" by the central bank to prevent extreme fluctuations in the exchange rate. The exchange rate is managed through changes in the interest rate to attract/detract capital flows or through the buying and selling of the currency. This system is contrasted with a Pure Float in which there is no central bank intervention and the exchange rate is entirely determined by the market and speculation.
A type of floating exchange rate that is not completely freely floating because central banks intervene from time to time to alter the rate from its free-market level. It is still a floating rate because it has not been pegged at a predetermined par value.
