Definition

“Dirty” float

“Dirty” float refers to a system of floating (i.e., market-determined) exchange rates in which the government intervenes from time to time to influence the foreign exchange value of its currency.

Share it:  Cite

More from this Section

  • Open-competition law
    Open-competition law is a law for regulating insurance rates under which insurers are ...
  • Certificate of Inspection
    Certificate of Inspection is a document certifying the quality, quantity and/or price ...
  • Security
    For networking, security generically describes the set of access controls and permissions ...
  • Government Intervention
    Each country has a central bank that may intervene in the foreign exchange markets to ...
  • Federal Reserve banks
    Federal Reserve banks is the 12 district banks in the Federal Reserve System. ...