And floating and fixed exchange rate regimes coexist uneasily, because volatility tends to affect the floating currencies (often the euro, and recently the Latin American currencies).

Thus, the exchange rate regime in Latin America today is one of actively managed floating.

But the continuing success of the floating exchange rate system does not imply a smooth ride in 2011.

Managing a floating rate has also allowed Latin American countries to accumulate a significant level of international reserves.

Nearly all mortgages have floating rates that vary with the five year loan rate set by the People s Bank.

But what most characterizes Latin America s experience is that, despite publicly preaching the virtues of a floating rate, the authorities actively intervene in currency markets, this time in different and creative ways. Thus, the exchange rate regime in Latin America today is one of actively managed floating.

First, China needs capital controls to retain monetary policy independence until it is ready to adopt a floating exchange rate regime.

Coming from different experiences, most countries converged on the adoption of a floating exchange rate, many in the context of inflation targeting.

Local bond markets provide alternative sources of financing for companies and Governments, which avoid exchange rate risks inherent to foreign financing.

The floating exchange rate system works surprisingly well, but currency volatility and unpredictability look likely to remain an enduring constant in 2011 and beyond.

Floating point exception

BEIJING On October 26, the renminbi s spot exchange rate against the US dollar reached the upper limit of its floating range for the second consecutive trading day.

Me was a floating head.

Floating market, Colombo, Sri Lanka.

By the lone stars floating ,

Farmers and wholesalers gather in several floating markets in a region that resembles the floating market of Thailand.

Indeed, a third lesson is that neither hard pegs nor unfettered floating facilitate the preservation of a competitive real exchange rate, which is crucial to promoting and sustaining economic development.

The effect of quantitative easing on exchange rates between the dollar and the floating rate currencies is a predictable result of the Fed s plan to increase the supply of dollars.

With floating exchange rates, it is not.

Turned to dust , floating in the air ,

Turned to dust , floating in the air ,

But what most characterizes Latin America s experience is that, despite publicly preaching the virtues of a floating rate, the authorities actively intervene in currency markets, this time in different and creative ways.

So that they will become floating dust particles .

So that they will become floating dust particles .

They got little babies in there, floating in there.

Sami's lifeless body was floating in the swimming pool.

But flexibility is not a synonym for pure floating.

A common application is removing oil floating on water.

Shamsheer writes in Somewhereinblog about the floating markets he visited

The US must choose between job creation, which requires a more competitive exchange rate, and cheap financing of its external and fiscal deficits.

The basis for continued rapid economic development has been established, and there is nothing to suggest the possibility of significant change in inflation targets, in the autonomy of the central bank, or in the floating exchange rate.

He's got no body, no man, just a head floating high.

Photographs floating online show us a snowman waving the IS flag

The floating Guava markets are found in Kuryana, Atghor, and Vimruli.

You can find more pictures of this floating guava market here.

Also surprising is the increase in Argentina s domestic savings rate, which has enabled self financing of investment which has doubled and, paradoxically, capital outflows.

The Pechora Sea is blocked by floating ice from November to June.

Floating under Our Eyes , a reward for him who had been rejected !

Floating under Our Eyes , a reward for him who had been rejected !

On wetlands, he mentioned a floating agriculture technique for growing vegetables on floating rafts, called baira, traditionally practiced in southern districts but recently introduced in other wetland areas through environment and development projects.

So, I let my feet out, and I started floating to the top.

But it was soon in tatters, and the world moved to generalized floating.

Indeed when the Flood rose high , We carried you in a floating ark ,

Indeed when the Flood rose high , We carried you in a floating ark ,

China has played an important role in financing the US budget deficit in recent years, thanks to its effort to manage the renminbi s exchange rate against the dollar.