• Yet now interest rates have gone even higher (this week the central bank raised the overnight rate from just under 30% to 32%), in order to stop the floating currency from sinking out of sight.

    ECONOMIST: Still a big risk | The

  • One problem is that the block's two largest members have such different currency regimes: Brazil's floating (or sinking) real has lost over 40% of its value since its forced devaluation in 1999, whereas Argentina's peso is pegged to the dollar.

    ECONOMIST: Another blow to Mercosur

  • Floating-rate securities, securities with puts, securities where, if certain things happened, a sinking fund kicked in.

    FORBES: Dow Jones Interactive

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