Business buzzwords
Q1
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
