Floating exchange rates may moderate the adjustment difficulties, but they do not eliminate them.
1	Floating	float	VERB	V	Number=Sing|Tense=Pres|VerbForm=Part	3	acl	_	_
2	exchange	exchange	NOUN	S	Number=Sing	3	nmod	_	_
3	rates	rate	NOUN	S	Number=Plur	5	nsubj	_	_
4	may	may	AUX	VM	Mood=Ind|Person=3|Tense=Pres|VerbForm=Fin	5	aux	_	_
5	moderate	moderate	VERB	V	VerbForm=Inf	0	root	_	_
6	the	the	DET	RD	Definite=Def|PronType=Art	8	det	_	_
7	adjustment	adjustment	NOUN	S	Number=Sing	8	nmod	_	_
8	difficulties	difficulty	NOUN	S	Number=Plur	5	obj	_	SpaceAfter=No
9	,	,	PUNCT	FF	_	14	punct	_	_
10	but	but	CCONJ	CC	_	14	cc	_	_
11	they	they	PRON	PE	Number=Plur|Person=3|PronType=Prs	14	nsubj	_	_
12	do	do	AUX	VM	Mood=Ind|Number=Plur|Tense=Pres|VerbForm=Fin	14	aux	_	_
13	not	not	PART	PART	Polarity=Neg	14	advmod	_	_
14	eliminate	eliminate	VERB	V	VerbForm=Inf	5	conj	_	_
15	them	they	PRON	PE	Number=Plur|Person=3|PronType=Prs	14	obj	_	SpaceAfter=No
16	.	.	PUNCT	FS	_	5	punct	_	_
