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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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Implications

1 Jul 2016 RDP 2016-05
Christian Gillitzer and Angus Moore
RDP 2016-05: Trade Invoicing Currency and First-stage Exchange Rate Pass-through 5. ... prices. Devereux and Engel (2003) argue that this weakens the stabilisation role of floating exchange rates.
https://www.rba.gov.au/publications/rdp/2016/2016-05/implications.html

Trade Invoicing Currency and First-stage Exchange Rate Pass-through

1 Jun 2016 RDP 2016-05
Christian Gillitzer and Angus Moore
Sources: ABS; Authors' calculations. Figure 9 compares the import trade-weighted exchange rate index to the invoice-share-weighted geometric average of the five bilateral nominal exchange rates for which we ... prices. Devereux and Engel (2003) argue
https://www.rba.gov.au/publications/rdp/2016/2016-05/full.html