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Esquema cambiario de flotación

17:52 Jul 25, 2020
Spanish to English translations [PRO]
Bus/Financial - Economics
Spanish term or phrase: Esquema cambiario de flotación
Bajo esquemas cambiarios de flotación la autoridad monetaria tiene un margen
Reducido

`this is taken from the website of the Banco de la Republica de Colombia
MirenL
United Kingdom
Local time: 22:09


Summary of answers provided
4 +1Floating exchange system/Floating exchange rate system
Nelson Soares
4floating exchange rate regime
Giovanni Rengifo
4floating currency system
Ana Vozone


  

Answers


23 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
esquema cambiario de flotación
floating exchange rate regime


Explanation:
Instead of "floating", you could use "fluctuating".
I believe "regime" is the term of art here.

Giovanni Rengifo
Colombia
Local time: 16:09
Works in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 28
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1 day 1 min   confidence: Answerer confidence 4/5Answerer confidence 4/5
floating currency system


Explanation:
https://www.google.com/search?biw=1155&bih=583&sxsrf=ALeKk00...

Example sentence(s):
  • In an independent floating currency system, official intervention is: A. intended to moderate changes in the exchange rate rather than to set the exchange rate.
  • When the gold standard changed over to a floating currency system, the SDR instead became valued as a basket of world reserve currencies.

    Reference: http://www.investopedia.com/articles/forex/040215/what-are-i...
Ana Vozone
Local time: 22:09
Works in field
Native speaker of: Native in PortuguesePortuguese
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45 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
Floating exchange system/Floating exchange rate system


Explanation:
Espero haberte ayudado!

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Note added at 1 day 1 hr (2020-07-26 19:04:28 GMT)
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Floating exchange rate systems mean long-term currency price changes reflect relative economic strength and interest rate differentials between countries.

https://www.investopedia.com/terms/f/floatingexchangerate.as...

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Note added at 1 day 1 hr (2020-07-26 19:06:23 GMT)
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Floating exchange rates are seen as fairer, freer and more efficient when compared to fixed rate systems.

https://www.ig.com/en/glossary-trading-terms/floating-exchan...

Nelson Soares
Brazil
Local time: 18:09
Native speaker of: Native in PortuguesePortuguese

Peer comments on this answer (and responses from the answerer)
agree  Muriel Vasconcellos
1 day 1 hr
  -> Thank you, Muriel!
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