Русско-англо-русский юридический словарь

A floating exchange rate is a regime where the currency price is set by the forex market based on supply and demand compared with other currencies. This is in contrast to a fixed exchange rate, in which the government entirely or predominantly determines the rate. (Investopedia)

"Conditions for changing to a floating exchange rate regime are basically qualified,” the official China Securities Journal quoted Yu as saying. (Reuters)