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.