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Floating exchange rate - Wikipedia

WebThe freely floating currency system is the predominant system of foreign exchange that is prevalent in the world today. As globalization has progressed, more countries have abandoned their currency pegs and have allowed their currencies to freely float. WebA freely floating Yuan can increase the value of China’s currency and lower the demand for export. Lower demand for export could mean lower jobs available and thus higher unemployment. Higher unemployment can lead to domestic unrest and if not controlled to economic destabilization. floor plans for schools

The end of the Bretton Woods System (1972–81)

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