free-floating

adjective FINANCE

Definition

› used to describe a currency's exchange rate that is not fixed in relation to another: A free-floating exchange rate increases foreign exchange volatility. → Compare peg noun

(Definition of free-floating adjective from the Cambridge Business English Dictionary © Cambridge University Press)

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“free-floating” in other dictionaries

British English

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free trade zone noun
free trader noun
free trial noun
free verb
free zone noun
free-floating adjective
free-for-all noun
free-standing insert noun
free-to-air adjective
freebie noun
freedom of association noun

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