Managed float regime

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 to maintain a certain range. The peg used is known as a crawling peg.

Foreign exchange
Exchange rates
Markets
Assets
Historical agreements
See also

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
Map of current exchange rate regimes (2018) De facto exchange-rate arrangements in 2018 as classified by the International Monetary Fund.
  Floating (floating and free floating)
  Soft pegs (conventional peg, stabilized arrangement, crawling peg, crawl-like arrangement, pegged exchange rate within horizontal bands)
  Hard pegs (no separate legal tender, currency board)
  Residual (other managed arrangement)
Source IMF as of April 31, 2008
gollark: That still doesn't provide much of an incentive to make intellectual property versus just not doing that, but it would help I guess.
gollark: There are similar issues in the realm of books and stuff, but the convention there is more to actually pay for them.
gollark: I… see.
gollark: It is a shame nobody's come up with a particularly good model for funding IP development which doesn't either make it artificially scarce or basically rely on goodwill.
gollark: Presumably, poor incentives to actually improve performance? Maybe their corporate structure is such that nobody can really work on crosscutting stuff like that and everyone does individual features.

See also

References
  1. "IMF finds more countries adopting managed floating exchange rate system". Nikkei Asian Review. Nikkei. August 19, 2014. Retrieved 5 March 2015.
  2. Japanese yen
  3. http://www.trinidadexpress.com/commentaries/Floating-of-the--TT-dollar-20-years-later-201153211.html. Missing or empty |title= (help)
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