floating currency
41World currency — In the foreign exchange market and international finance, a world currency or global currency refers to a currency in which the vast majority of international transactions take place and which serves as the world s primary reserve currency.A… …
42clean floating — A government policy allowing a country s currency to fluctuate without direct intervention in the foreign exchange markets. In practice, clean floating is rare as governments are frequently tempted to manage exchange rates by direct intervention… …
43Power reverse dual currency note — A dual currency note (DC) pays coupons in the investors domestic currency with the notional in the issuers’ domestic currency. A reverse dual currency note (RDC) is the reverse. A power reverse dual currency note (PRDN) or power reverse dual… …
44Dual Currency Swap — A currency swap used to hedge the risk associated with the issuance of a dual currency bond. A dual currency swap allows the bond issuer to repay the principal and coupon in the base currency or another currency. Exchange rates are preset in dual …
45Highest valued currency unit — The highest valued currency unit is the currency in which a single unit buys the highest number of any given other currency or the largest amount of a given good. Most commonly the calculation is made against a major reserve currency such as the… …
46Commodity currency — Foreign exchange Exchange rates Currency band Exchange rate Exchange rate regime Exchange rate flexibility Dollarization Fixed exchange rate Floating exchange rate Linked exchange rate Managed float regime Markets Foreign exchange market Futures… …
47International Currency Exchange Rate — The rate at which two currencies in the market can be exchanged. International currency exchange rates display how much of one unit of a currency can be exchanged for another currency. Currency exchange rates can be floating, in which case they… …
48free-floating — ˈfree ˌfloating adjective FINANCE ECONOMICS not connected to or influenced by another thing: • an open economy with free floating exchange rates * * * free floating UK US adjective FINANCE ► used to describe a currency s exchange rate that is not …
49Fixed-For-Floating Swap — An advantageous arrangement between two parties (counterparties), in which one party pays a fixed rate, while the other pays a floating rate. To understand how each party would benefit from this type of arrangement, consider a situation where… …
50cross-currency interest-rate swap — A swap of two different interest rates in two different currencies. This usually involves swapping a fixed rate for a floating rate (or vice versa); if both rates are floating it is known as a basis swap See currency swap; interest rate swap …
