allow sth to float
Frequency: 5.22.5 per million words
Related to a government or central bank's decision to not fix a currency's exchange rate.
Categories:
Examples (10)
- The central bank decided to allow the currency to float against major currencies.
- Economic experts recommend that governments allow their exchange rates to float freely.
- The IMF advised the country to allow its peso to float on international markets.
- After years of fixed rates, they finally chose to allow the dollar to float.
- The finance minister announced plans to allow the national currency to float.
- Market pressures forced the government to allow the yuan to float more freely.
- The new policy will allow the exchange rate to float within a wider band.
- Economists argue it's time to allow emerging market currencies to float.
- The decision to allow the pound to float came after extensive deliberation.
- International pressure mounted for the country to allow its currency to float.