Exchange rates play a crucial role in the global economy, influencing trade, investment, and economic stability. Understanding the various measurements and regimes of exchange rates is essential for ...

The Economic Issues series was inaugurated in September 1996. Its aim is to make some of the economic research being produced in the International Monetary Fund on topical issues accessible to a broad ...

Discover how exchange rates influence the economy, affecting job markets, inflation, and costs of goods. Learn about their ...

The foreign exchange rate, often abbreviated as “forex” or “F.X.,” is a fundamental concept in international finance and trade. It plays a pivotal role in the global economy and impacts individuals, ...

This paper provides new evidence on the exchange rate passthrough to domestic inflation in Sub-Saharan Africa (SSA) using both bilateral US dollar exchange rate and the nominal effective exchange rate ...

HONG KONG/SHANGHAI (Reuters) - Hong Kong has no intention and sees no need to change the system that pegs the city's currency in a tight band to the U.S. dollar and has the ability to defend it, the ...

Purchase or sale of the currencies of other nations by a central bank for the purpose of influencing foreign exchange rates or maintaining orderly foreign exchange markets. Also called ...

The Central Bank of Nigeria (CBN) yesterday unified all exchange rates within the economy into the Investors and Exporters (I&E) window. In a circular to authorised dealers signed by CBN Director, ...

Perhaps most notably, Nigeria achieved macroeconomic adjustment without a large-scale IMF bailout. By allowing the naira to find its market equilibrium, policymakers restored transparency and ...

Bangladesh’s central bank introduced a crawling peg system for the local currency in efforts to keep the taka stable and raised its key interest rate to tame inflationary pressures. The central bank ...