Managed float regime
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Managed float regime is the current international financial environment in which exchange rates fluctuate from day to day, but central banks attempt to influence their countries' exchange rates by buying and selling currencies. It is also known as a dirty float.
In an increasingly integrated world economy, the currency rates impact any given country's economy through the trade balance. In this aspect, almost all currencies are managed since central banks or governments intervene to influence the value of their currencies. According to the International Monetary Fund, as of 2014 82 countries and regions used a managed float, or 43% of all countries, constituting a plurality amongst exchange rate regime types.[1]
List of countries with managed floating currencies
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Afghanistan
Algeria
Armenia
Burundi
Cambodia
Colombia
Croatia
Dominican Republic
Egypt
Gambia
Georgia
Ghana
Guatemala
Guinea
Haiti
India
Indonesia
Jamaica
Kenya
Kyrgyzstan
Laos
Liberia
Madagascar
Malaysia
Mauritania
Mauritius
Moldova
Morocco
Mozambique
Myanmar
Nigeria
Pakistan
Papua New Guinea
Paraguay
Peru
Romania
São Tomé and Príncipe
Serbia
Singapore
Sudan
Tanzania
Thailand
Trinidad and Tobago
Uganda
Ukraine
Uruguay
Vanuatu
References
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See also
- December Mistake
- Black Wednesday
- Fixed exchange rate
- Floating exchange rate or Floating currency