41. The top of the floating exchange rate trading band is 1, 032 . 8 for today. 42. The leu now has a floating exchange rate . 43. The top of the floating exchange rate trading band is 1, 034 . 4 for today. 44. In 1973, when gold-backed currencies were dropped for floating exchange rates , big banks handled trades via telephone. 45. The top of the floating exchange rate trading band was 1, 038 . 2 pesos for today. 46. "The market is maturing, and learning to work with the floating exchange rate regime, " said Martin. 47. Firstly, liability dollarization ( see Domestic liability dollarization ) is one main reason against floating exchange rate . 48. The U . S . decision to switch to a floating exchange rate devalued the Canadian dollar. 49. Thus, even in floating exchange rate world, there is need for an international lender of last resort. 50. The upper limit of the floating exchange rate trading band for today was 1, 025 . 32.
