Managed float regime
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Managed float regime is the current international financial environment in which exchange rates fluctuate from day to day, but central banks attempt to influence their countries' exchange rates by buying and selling currencies. It is also known as a dirty float.
In an increasingly integrated world economy, the currency rates impact any given country's economy through the trade balance. In this aspect, almost all currencies are managed since central banks or governments intervene to influence the value of their currencies. According to the International Monetary Fund, as of 2014 82 countries and regions used a managed float, or 43% of all countries, constituting a plurality amongst exchange rate regime types.[1]
List of countries with managed floating currencies
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- Afghanistan
- Algeria
- Armenia
- Burundi
- Cambodia
- Colombia
- Croatia
- Dominican Republic
- Egypt
- Gambia
- Georgia
- Ghana
- Guatemala
- Guinea
- Haiti
- India
- Indonesia
- Jamaica
- Kenya
- Kyrgyzstan
- Laos
- Liberia
- Madagascar
- Malaysia
- Mauritania
- Mauritius
- Moldova
- Morocco
- Mozambique
- Myanmar
- Nigeria
- Pakistan
- Papua New Guinea
- Paraguay
- Peru
- Romania
- São Tomé and Príncipe
- Serbia
- Singapore
- Sudan
- Tanzania
- Thailand
- Trinidad and Tobago
- Uganda
- Ukraine
- Uruguay
- Vanuatu
References
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
See also
- December Mistake
- Black Wednesday
- Fixed exchange rate
- Floating exchange rate or Floating currency