1-28-2014 Newshound Guru Enorrste

1-28-2014   Newshound Guru Enorrste    Definition of  Floating Exchange Rate:  A country's exchange rate regime where its currency is set by the foreign-exchange market through supply and demand for that particular currency relative to other currencies. Thus, floating exchange rates change freely and are determined by trading in the forex market. This is in contrast to a "fixed exchange rate" regime.   [post 2 of 3....stay tuned]