floating exchange rate

基本解释

China establishes a managed floating exchange rate regime based on market demand and supply with reference to a basket of currencies.
中国实施的是以市场供求为基础、参考一篮子货币进行调节、有管理的浮动汇率制度。
www.fmprc.gov.cn
On your second question, China adopts a managed floating exchange rate regime, which serves the long-term and fundamental interests of China.
关于第二个问题，中国实施有管理的浮动汇率制度，这一机制符合中国长远和根本的利益。
www.fmprc.gov.cn
But in floating exchange rate markets， speculators can only make money if they help to stabilise the market， not if they make it more unstable.
但是在浮动汇率市场上，投机商若要赚钱，只有帮助稳定市场而不是使市场更加动荡。

It is more flexible (with a floating exchange rate) and its central bank is still soundly run.
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By devaluing a currency in a floating exchange rate environment, the result is that trade booms and foreign reserves balloon.
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However, in 1971 under President Richard Nixon, the Bretton Woods system collapsed and the major currencies shifted to a floating exchange rate regime.
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