When China made the shift to a managed floating exchange rate regime in July 2005 as the first step in its exchange rate system reform (renminbi reform), the renminbi (RMB) exchange rate was ...

If you’ve studied economics or spent any time trading in the financial markets, then you’re probably already well aware of the terms supply and demand. In the forex market, the interplay of these ...

Based on the Johansen cointegration estimation methodology, much of the long-run behavior of the real effective exchange rate of South Africa can be explained by real interest rate differentials, GDP ...