What is another word for floating exchange rates?
Pronunciation: [flˈə͡ʊtɪŋ ɛkst͡ʃˈe͡ɪnd͡ʒ ɹˈe͡ɪts] (IPA) 
Floating exchange rates are a monetary arrangement where the value of a currency is determined by the market forces of supply and demand, without government intervention. This system of exchange rates allows for flexibility and adjusts to changes in the global economy. Synonyms for floating exchange rates include flexible exchange rates, market-determined exchange rates, fluctuating exchange rates, and variable exchange rates. These terms are often used interchangeably to describe the same concept. The use of the term "floating" specifically refers to the fact that the value of the currency is not fixed and can "float" up or down depending on market conditions.
