Sentences with phrase «free float currencies»

In fact, economists theorize that the long - term movement of free float currencies are driven by interest rate differentials.

Though, as a free floating currency, the guaraní is still fully convertible and can be traded for US dollars and other currencies on the global foreign exchange market.

Thus, we should only look at currency volatility from the mid 70s and probably the early 80s onward — i.e. once we entered a free floating currency regime.

Not exact matches

Right now, for the first time in human history, world currencies are free - floating, meaning they're not backed by anything tangible.

Modern Monetary Theory (in fact a rediscovery and updating of Functional Finance) holds that our limits are real resources and inflation not lack of money, for the issuer of a free - floating fiat currency.

One can see clear evidence of other lessons learned since the Asian Financial Crisis: institutional frameworks have been tightened, and Asian currencies are now free - floating in the markets with little intervention.

China had to lower the yuan to remain competitive with other emerging markets that had free - floating currencies.

Worse still, given the wrangles over Scotland's future currency, the decision by both campaigns to simply stare each other down on the retention (or otherwise) of sterling has ruled out important discussion of the alternatives — from a free - floating «Scot #» or currency peg, to union with sterling or the euro.

The foreign exchange market began in the 1970's when free exchange rates and floating currencies were introduced.

The abrupt end to a prolonged period of a «debt supercycle», which began in the 1960s with a cycle of fiat credit and was followed by a move away from the Bretton Woods System to free - floating fiat currencies, had finally happened.