Free float

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Free float

An exchange rate system characterized by the absence of government intervention. Also known as clean float.

Free Float

References in periodicals archive ?
In 2008, the Indonesia government introduced new regulation that reduced tax for listed companies with of free floats of 40 percent or more.
PT Bank Mandiri (BMRI.JAK) has asked the government, which owns 67 percent of the bank, to sell a seven percent stake in the bank to the public to increase the stock's free float.