China has just announced that it is going to come off the dollar peg currency arrangement, but in fact this is a very ..... float, since the trading price of the US dollar against the renminbi will now float within a trading band of plus or minus 0.3 per cent, while the band of other currencies against the renminbi will be set by the central bank. (*) dirty (*) flabby (*) mangy (*) sleazy
This is a companion discussion topic for the original entry at https://english.best/questions/8878,china-has-just-announced-that-it-is-going-to-come-off-the-dollar-peg-currency-arrangement-but-in-fact-this-is-a-very-___-float-since-the-trading-price-of-the-us-dollar-against-the-renminbi-will-now-float-within-a-trading-band-of-plus-or-minus-03-per-cent-while-the-band-of-other-currencies-against-the-renminbi-will-be-set-by-the-central-bank/