Dirty float / managed float
Also written Dirty float · managed float
An exchange rate regime that is neither entirely free nor fixed, where government rules or central bank intervention affect the pricing of the currency.
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Where this is taught
Free preparation for NISM Series I← All terms