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Dirty float

• A system of floating exchange rates in which the government occasionally intervenes to change the direction of the value of the country's currency.

 
 Embedded terms in definition
 Change
Currency
Exchange rate
Exchange
Floating exchange rate
 
 Related Terms
 

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Beware of fraud originating in phone messages and faxes: FDIC Consumer News has warned before about crooks who call or e-mail consumers and pretend to be legitimate companies or government agencies wanting people to "verify" or "resubmit" (divulge) confidential information such as bank account or credit card numbers as well as Social Security numbers, passwords and personal identification numbers. Here are variations to know about. More...

Some of the world's greatest feats were accomplished by people not smart enought to know they were impossible. Doug Larson

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