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Floor exchange rate.
That level is the exchange rate ceiling or floor.
A government or central bank might decide that it is not willing to let its currency gain or lose value beyond a certain level.
An interest rate floor is an agreed upon rate in the lower range of rates associated with a floating rate loan product.
Trading floor a large room in a exchange where the trading is done.
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As the free trading of the currency moves to near that level the cen.
They are most frequently taken out for periods of between 2 and 5 years although this can vary considerably.
Opening and maintenance of securities account clearing and settlement of payment transactions.
A floor in finance may refer to several things including the lowest acceptable limit the lowest guaranteed limit or the physical space where trading occurs.
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