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"Deregulation" and "floating the dollar"

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AppleXY:
Floating exchange rates are end of the day set by interbanks.

The 'dirty float' is in place to minimise erratic and excessive volatility in the FX market for the AUD/whatever. It's not down frequently though. (I mean currencies are naturally volatile compared to other markets lol)

brendan:

--- Quote from: AppleXY on October 16, 2008, 09:54:36 pm ---Floating exchange rates are end of the day set by interbanks.

--- End quote ---

by what?

costargh:
interwebs haha

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