managed float

Since November 1992, a managed float regimen has been upheld.

The government abandoned the fixed exchange rate, and altered economic policy to a form of a managed float.

Managed float exchange rates are determined in the foreign exchange market.

Thus, the exchange rate regimes of floating currencies may more technically be known as a managed float.

This is sometimes called a managed float.

The dinar is loosely linked to the U.S. dollar in a managed float.

It is closely pegged to the US dollar so that the regime was reclassified as a managed float.

Thus, a pure floating exchange rate regime is quite rare in reality, most of floating currencies may be classified as a "managed float".

The government plans to regulate the price of RON97, a premium grade of petrol, through what it calls a "managed float mechanism".

Neither peg, nor crawling peg, nor managed float could keep the bolívar exchange rate under control.

With the turn of the new millennium, Egypt introduced a managed float regime and successfully unified the Pound exchange rate vis-à-vis foreign currencies.

According to Bank Negara, Malaysia allows the ringgit to operate in a managed float against several major currencies.

RON 97 petrol will no longer be subsidised but will be subject to a managed float, with the price determined by an automatic pricing mechanism.

In July, China announced that it would abandon its fixed peg to the dollar and move toward a "managed float" based on a basket of currencies.

However, since central banks frequently intervene to avoid excessive appreciation or depreciation, these regimes are often called managed float or a dirty float.

From 1997 to date, Sudan has been working with the IMF to implement macroeconomic reforms, including a managed float of the exchange rate.

The Rupee was pegged to the British Pound until 1982, when the government of General Zia-ul-Haq changed it to managed float.

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.

Alternatives to a fixed exchange rate system include a managed float where some changes of exchange rates are allowed, or at the other extreme a purely floating exchange rate (also known as a purely flexible exchange rate).

It will often have some influence over any official or mandated exchange rates: Some exchange rates are managed, some are market based (free float) and many are somewhere in between ("managed float" or "dirty float").

The spot rate soon fell below the selling rate (i.e. outside the 12% exchange rate band), and despite Bank Indonesia's attempts to intervene, it soon abandoned the managed float, leaving the rupiah to float freely on August 14, 1997.

That official exchange rate has given way to a "managed float" of the colon at about 6.4 to the dollar, as compared to 6.5 to the dollar on the black market, thereby closing the gap between the two markets from 30 percent to less than 1 percent.

Some economists estimate that the yuan is 15 to 30 percent undervalued and that over the next year China will use its new "managed float" system, tied in part to a basket of foreign currencies, to allow the yuan to continue to appreciate modestly.

Efforts by the central bank to defend its managed float regime by selling dollar had little impact and instead drained Indonesia's foreign exchange reserves, forcing the government to free-float the currency and seek liquidity aid from IMF (International Monetary Fund).

In 2004 efforts by the Central Bank of Yemen to tighten the money supply were offset by a weakening US$, to which the Yemeni riyal is linked in a managed float, and by rising global commodity prices, resulting in an inflation rate of 12.5 percent.