Swiss Franc Peg

edit

Article: "The Swiss franc was formerly traded via a floating exchange rate but as of September 2011, has its floor pegged to the euro."

The swiss franc is no longer pegged to the Euro as of Jan 2015 (Reuters) Can anybody reflect that in the article? I'm not sure how to do it?

Currency flow

edit

Fixed exchange rates attract floating ones, no? Competition and all that. --Ihope127 23:34, 22 July 2005 (UTC)Reply

Canada so special after all?

edit

Article: "Canada is the only country whose currency's value is determined absolutely and entirely by the foreign exchange market;"

Website cited: "Canada's current policy is to intervene in foreign exchange markets on a discretionary, rather than a systematic, basis and only in the most exceptional of circumstances. ... Foreign exchange market intervention is conducted by the Bank of Canada, acting as agent for the federal government, using the government's holdings of foreign currencies in the Exchange Fund Account."

It seems that Canada is like most other economies with floated currencies: shunning intervention until necessary. Hence, I have deleted what I quoted above. 124.189.69.206 (talk) 08:38, 16 June 2008 (UTC)Reply

What Economists Think - Circular Argument

edit

The following phrase is in the current article:-

"Economists generally think that, in most circumstances, floating exchange rates are preferable to fixed exchange rates because floating rates are responsive to the foreign exchange market."

This is really just saying that economists think floating exchange rates are preferable because they are floating. It is a circular argument and hardly encyclopedic. Does anybody want to improve it? If not then I will remove it. Terjepetersen 11:04, 2 May 2006 (UTC)Reply

Inflation targeting

edit

The article completely ignores the fact that most central banks do not simply let the exchange rate float. Instead they focus directly on keeping the inflation stable and then let the exchange rate absorb external shocks. This implies using the interest rate actively to react to shocks. Buying and selling your own currency is generally considered a very bad idea for obvious reasons. MartinDK 16:23, 19 October 2006 (UTC)Reply

The article should discuss a pure floating exchange rate. You are correct in your first statement, but that is actually called a managed float exchange rate. Also, what's wrong with the purchase/sale of currency? As far as I know, most central banks actively participate in this activity, though less than they would under Fixed exchange rates. SweetNightmares (talk) 00:34, 8 December 2009 (UTC)Reply

Merging of Floating exchange rate and Floating currency and

edit
They're similar, Floating exchange rate is the kind of exchange rate, and floating currency is a kind of currency. They are both based on the exact same principle, so I can see why some might want it moved. I'd go with Floating exchange rate to be filed under Floating currency. Can they both have bold definitions on the same page? They aren't entirely synonymous.Xetxo (talk) 04:51, 15 December 2008 (UTC)Reply
Support, under the condition that Floating currency actually be merged into Floating exchange rate instead. This is what happened with the article "Fixed currency" and Fixed exchange rate. I think fixed/floating exchange rates are referred to a lot more (at least in the study of economics) than their respective currencies. —Preceding unsigned comment added by SweetNightmares (talkcontribs) 00:26, 8 December 2009 (UTC)Reply

kkkmkmkmkmkm — Preceding unsigned comment added by 122.173.157.106 (talk) 18:48, 22 September 2011 (UTC)Reply

What is your expectations to Egypts pound value after turning to flexible exchange rate regime

edit

What is your expectations to Egypts pound value after turning to flexible exchange rate regime 156.208.171.255 (talk) 15:14, 20 December 2022 (UTC)Reply