指完全由自由市场供求因素决定的货币汇率，与受官方管制的有管理的浮动汇率制度或爬行钉住汇率制不同。
A currency exchange rate that is allowed to be set completely by market forces, differ from the managed floating exchange rate system regulated by the government or pegged exchange rate system.
汇率制度表现为单一钉住美元制，利率仍受管制。
And exchange rate regime shows as single-pegged dollar (exchange rate) regime, and interest rate is still restricted.
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