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floating exchange rates

floating exchange rates ECON.

floating exchange rates ECON.

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Since then, a system of national fiat monies has been used globally, with freely floating exchange rates between the major currencies. en.wikipedia.org

At the same time, freely floating exchange rates expose a country to volatility in exchange rates. en.wikipedia.org

Tariffs may also be imposed on exports, and in an economy with floating exchange rates, export tariffs have similar effects as import tariffs. en.wikipedia.org

It trades against major currencies at floating exchange rates. en.wikipedia.org

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