A more freely floating currency would ease this stop-and-go cycle.

而如果货币能够更为自由浮动，就会走出“停停走走”的怪圈。

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The Smithsonian Agreement collapsed after 14 months and an AD hoc quasi-floating currency emerged.

14个月之后，史密森协议崩溃，同时实行特别准浮动货币。

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Under these circumstances it is unlikely that the renminbi would become a truly floating currency.

在这样的情况下，人民币是不大可能成为一种真正自由浮动的货币的。

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The characteristic crisis of the post-1971 floating currency era is the crisis of unstable currencies.

FORBES: Let It Be Known That No Financial Crisis Was Ever Caused by Stable Money

The second method is to take a figure close to where the floating currency is presently trading.

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First, it has to find a way for Brazil's now-floating currency to cohabit with Argentina's rigid currency board.

ECONOMIST: Mercosur’s malaise | The