Brian McCarthy, managing principal at Macrolens, says that "handcuffs" it from "executing the kind of aggressive stimulus combining monetary and fiscal policy." ...

This discussion is based on the theory of optimal currency areas, which stipulates that real shocks (for example, terms of trade shocks) are better accommodated through flexible exchange rates, and ...

This brief considers the choice of an appropriate exchange rate regime—floating, managed or fixed arrangements—for individual countries in light of important changes that have taken place in the world ...

Today’s system of exchange rates act as the lynchpin of the age of globalisation, but the road to that system has been tumultuous, shaped by a series of mistrials In 1944, a mechanism for fixed ...

The Middle East and North Africa region has not been cited so far as a focus for the new US administration’s actions ...

Fixed Rate: (from 1944 to 1971) After World War II, the Yen lost its value. To stabilize, the exchange rate of it was fixed at ¥360 per $1 as part of the Bretton Woods system that set an ...

T he Lagos Chamber of Commerce & Industry has once again called for a fixed import duty exchange rate that is below the market rate, which should be maintained for at least six months to aid ...

Fixed-rate annuities act much like bank certificates ... term or reinvest the entire amount in a new annuity via a 1035 exchange and continue to defer taxes. On the other hand, CD interest is ...