Register
Login:
Share:
Email Facebook Twitter


EXCLUSIVE: David Lenigas answers investor questions in a detailed interview about UKOG, Doriemus, LGC Capital, AfriAg and Angus Energy.


Pure Floating Exchange Rate Definition


London South East has an extensive glossary of financial definitions, offering simple explanations.

Please avoid using phrases such as: 'definition of' and 'what is'.

Tip: You can enter single words, or part words as your search term.






Pure Floating Exchange Rate

A floating exchange rate which is set by the market without any intervention by central banks or government.

This is contrasted with a Dirty float in which there is some government intervention in the foreign exchange market.

With a Pure Floating Exchange Rate, the rates of exchange are whatever private speculators believe they should be, and as such there is the possibility of huge movements. Hence most governments intervene to stabilise foreign exchange markets.



Sign up for Live Prices


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.