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RBA Glossary definition for floating exchange rate

floating exchange rate – Exchange rates determined by market forces based on the demand for and supply of a currency.

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China's Financial System Reforms

31 Dec 2014 RDP 2014-10
Alexander Ballantyne, Jonathan Hambur, Ivan Roberts and Michelle Wright
Moves to increase the flexibility of interest rates occurred alongside changes to exchange rate policy. ... is similar to most countries with floating exchange rates.
https://www.rba.gov.au/publications/rdp/2014/2014-10/chi-fin-sys-reforms.html

References

31 Dec 2014 RDP 2014-10
Alexander Ballantyne, Jonathan Hambur, Ivan Roberts and Michelle Wright
Beaumont C and L Cui (2007), ‘Conquering Fear of Floating—Australia's Successful Adaptation to a Flexible Exchange Rate’, IMF Policy Discussion Paper PDP/07/2. ... Available at
https://www.rba.gov.au/publications/rdp/2014/2014-10/references.html

Introduction

31 Dec 2014 RDP 2014-10
Alexander Ballantyne, Jonathan Hambur, Ivan Roberts and Michelle Wright
The floating exchange rate is now widely recognised as having played a crucial role in helping to steer the economy through challenging periods (Beaumont and Cui 2007; Stevens 2013). ... We then consider China's financial reforms to date and itemise the
https://www.rba.gov.au/publications/rdp/2014/2014-10/introduction.html

Appendix B: Time Line of Chinese Financial Reforms

31 Dec 2014 RDP 2014-10
Alexander Ballantyne, Jonathan Hambur, Ivan Roberts and Michelle Wright
The PBC begins issuing central bank bills. 1994. Official and market-based exchange rates are unified at the prevailing market rate (CNY 8.70 per US dollar) resulting in an official ... 2010. The renminbi exchange rate is allowed to resume steady
https://www.rba.gov.au/publications/rdp/2014/2014-10/appendix-b.html

Australia's Experience with Financial Reform

31 Dec 2014 RDP 2014-10
Alexander Ballantyne, Jonathan Hambur, Ivan Roberts and Michelle Wright
In part, this has occurred in response to the incentives created by the floating exchange rate regime itself. ... aware of the risks of such exposures in the early stages of the floating exchange rate regime.
https://www.rba.gov.au/publications/rdp/2014/2014-10/aus-exp-fin-reform.html

Concluding Remarks

31 Dec 2014 RDP 2014-10
Alexander Ballantyne, Jonathan Hambur, Ivan Roberts and Michelle Wright
Moreover, it suggests that the full benefits of a complete financial deregulation – encompassing deregulated interest rates, an open capital account and a floating exchange rate – may only be felt once the
https://www.rba.gov.au/publications/rdp/2014/2014-10/con-remarks.html