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 ?
The central bank governor RazaBaqir had assured a few days ago that there would be no free float exchange policy but the volatility in the money market goes on and the US dollar fast heading to a double century rate of exchange with local currency makes one take his assertion with a pinch of salt.
KARACHI -- Despite assurance of the new governor of the central bank that there would be no free float, the rupee fell to a new record low on Wednesday as the US dollar hit an all-time high of Rs163 in interbank trading.
The fund's conditions also included a 6% upfront increase in the key interest rate, free float of exchange rate and increase in the tax-to-GDP ratio to 13.2% in the next fiscal year, said Umar.
The SBP governor said neither a fixed exchange rate - as had been in the past - nor a free float was appropriate for the economy.
'It was not an appropriate policy to keep a fixed exchange rate for long, due to which our situation today has been created.' The SBP governor said neither a fixed exchange rate - as had been in the past - nor a free float was appropriate for the economy.
Kenya is operating a managed shilling than a free float currency, running a risk of making its exports more expensive.
Summary: Company aims to sell 95m shares, or 20% of the free float, to raise $1b
A listed company should also have a free float level of at least 15 percent of its outstanding shares.
Commenting on the free float of the rupee, Wizarat said, 'The definition of insanity is doing the same thing over and over again, but expecting different results.' She said, 'We have adopted IMF policies and installed those on the IMF and World Bank payroll and pensions since the 1990s.
The plan comes as part of the Indian regulation which requires the insurer to raise its free float to 25 percent.
Tenders are invited for Procurement of tlv free float air trap,model:ja3 required for service air compressors of stage-ii
The company number of shares is 12,500,000,000, while the percentage of the free float shares as per index rules is 8.9 % which represents 1,113,641,910 shares.