However, today I would like to examine a somewhat different issue, one that is at the other end of the spectrum; namely, How is the international system of flexible exchange rates working these days?
In light of these changes, should they also consider making their exchange rate policies more flexible? At present, exchange rate regimes in the region include a currency board (Djibouti), variants of ...
Armed with the real exchange rate and real commodity export prices for each country, we then checked to see whether these two series displayed a close relationship. We found that, for many countries, ...
“A flexible exchange rate acts as a first line of defence against variation in external conditions and prevents economic imbalances from accumulating over time. "Excessive volatility is also ...
The Bangladesh Bank (BB) is not moving away from the crawling peg mechanism to a free-floating exchange rate regime right now to “avoid any speculative role” by foreign currency market aggregators.
Japan should be on alert for any spillover effects from rising foreign market volatility that could affect liquidity conditions for its financial institutions, the International Monetary Fund said on ...
A flexible exchange rate is an essential component of the Bank of Canada’s monetary policy framework. This is because it can act as a shock absorber for the Canadian economy. The Canadian dollar is ...
In its craving for best practices in the financial sector, the Central Bank of Nigeria (CBN) officially launched the foreign ...
Mexican Finance Minister Rogelio Ramirez de la O assured investors of Mexico's resilience in the face of 25% U.S. tariffs.
After a nudge from the International Monetary Fund, the central bank ditched the crawling peg exchange rate regime for a more flexible approach. It may sound promising. Not quite. For all latest ...
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