1. Bautista and other economic officials denied the report and reaffirmed their commitment to a foreign exchange policy that economists describe as a managed float. 2. The baht plunged after Thailand replaced its peg to a basket of currencies with a managed float. 3. Earlier this week, there were signs that Indonesia was beginning to favor reinstituting currency trading bands that would control the value of the rupiah through a managed float. 4. Earlier this week there were signs that Indonesia was beginning to favor reinstituting currency trading bands that would control the value of the rupiah through a managed float. 5. The yuan is officially described as being in a managed float although it is in reality pegged to the US dollar. |