Put simply, exchange rates compare the value of one currency to another. They measure how much of one currency it takes to purchase a unit of another. Exchange rates are ultimately determined in ...

Many economists argue that a flexible exchange rate regime is preferable to a fixed exchange rate regime because it helps to insulate the domestic economy from adverse external shocks. For example, ...

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, ...

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 ...

Whereas the Nigerian monetary authority fixed the official exchange rate at N196 to a dollar, there is today a near 50% differential in the parallel market rate to the official rate.The fact that the ...

This Economic Letter summarizes the papers presented at the conference “Asset Prices, Exchange Rates, and Monetary Policy” held at Stanford University on March 2-3, 2001, under the joint sponsorship ...

With Bulgaria set to adopt the euro on 1 January 2026, the country will retain the long-established fixed exchange rate of 1 euro to 1.95583 leva. This rate was definitively confirmed by the Council ...

Aug 9 (Reuters) - Nicaragua's central bank said it will institute a fixed exchange rate for the cordoba currency starting next year, arguing it will help ensure that overseas inflation pressures do ...

What is holding back the hryvnia's devaluation: inflation, bank profits, or political interests? A detailed analysis of the ...

In June 2022, I published an article about the upcoming opportunity in fixed income, specifically baby bonds and fixed to floating-rate preferred shares. In July 2022, I published a second article ...