For example, Iraq could adopt a system of flexible exchange rates, which move in response to market forces.

Singapore also said that it would move to a more flexible exchange rate.

A higher probability implies a less flexible exchange rate time series.

Table 8.1 revealed the extent to which flexible exchange rates have been adopted.

"But it does indicate that they are putting all the pieces in place to have a more flexible exchange rate."

Is it better to maintain a fixed or flexible exchange rate during a recession?

But Chinese officials have hinted that the country may move to a system of flexible exchange rates at some point.

But even Chinese officials who support modern trading systems and flexible exchange rates are reluctant to give up control.

"Moving toward a truly flexible exchange rate regime requires quite a large number of steps," he added.

Treasury officials have been prodding Chinese leaders for two years to adopt a more flexible exchange rate.

Brazil today, unlike three and a half years ago, has a flexible exchange rate system with an undervalued currency.

First, we will continue our dialogue on China's move towards a more flexible exchange rate with more open capital markets.

Under flexible exchange rates, the nominal money supply is completely under the control of the central bank.

In a system of flexible exchange rates, central banks allow the exchange rate to be determined by market forces alone.

It is for this reason that many countries, including the UK, have adopted more flexible exchange rates.

Since the end of the Breton Woods system, many countries adopted flexible exchange rate.

Pursing flexible exchange rates, for example, to avoid sudden, frightening devaluations.

Fixed but flexible exchange rates were established, with the system anchored by the dollar which alone remained convertible into gold.

International trade under flexible exchange rates.

"These are interim measures that prepare an economy for a more flexible exchange rate system," Mr. Snow said.

The experience of the 1970s, further, demonstrated that the principal argument in favour of flexible exchange rates was ill-founded.

Fluctuating or flexible exchange rates have, perhaps, unsettled financial markets and contributed to world trade and investment problems.

Flexible exchange rates may encourage destabilising speculation.

The short run DAD curve at flexible exchange rates is given by the equation:

The main criticism of a fixed exchange rate is that flexible exchange rates serve to adjust the balance of trade.