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"Deregulation" and "floating the dollar"

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costargh:
Doesn't that still exist though through a 'dirty float'?
Would the difference be that it is less regular now?

marbs:

--- Quote from: costargh on October 16, 2008, 09:06:26 pm ---Doesn't that still exist though through a 'dirty float'?
Would the difference be that it is less regular now?

--- End quote ---

Its still pretty common I think. I know they did it in early 2000s. I think it was 2001?

brendan:

--- Quote from: costargh on October 16, 2008, 09:06:26 pm ---Doesn't that still exist though through a 'dirty float'?
Would the difference be that it is less regular now?

--- End quote ---

The RBA still intervenes but i forgot what its exact wording was but it only intervenes to remove what it sees as too much volatility

brendan:
See sections 6-9
http://www.rba.gov.au/marketoperations/international/ex_rate_rba_role_fxm.html

costargh:
ahk thanks. as i suspected

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