Actually, rhetoric like this -- pinning hopes for world peace to the Bretton Woods system of stable exchange rates, and thus freer trade and capital flows -- was not at all uncommon. As one ...

China’s currency, the renminbi, is undervalued. Everyday evidence abounds: residents of Hong Kong, whose currency is tightly pegged to the US dollar, flock across the border to Shenzhen for weekends ...

The move, which economists deem positive, is a prelude to needed monetary reform. When Bola Tinubu was inaugurated as president of Nigeria on May 29, he noted that the country’s monetary policy needed ...

Transition to the floating exchange rate regime of the Azerbaijani national currency (manat), should be carried out in stages, Elman Rustamov, chairman of the Central Bank of Azerbaijan, said at a ...

This splendid conference volume comprises 28 succinct essays by top researchers and policymakers on the switch to floating exchange rates in 1973, plus an introduction by Maury Obstfeld and Doug Irwin ...

The IMF’s classification indicates that the RBI is allowing a measured flexibility in the exchange rate to market conditions, ...

Argentina will have a floating exchange rate “pretty soon” as its current trading band widens, according to President Javier Milei’s deregulation czar. “The bands are opening up as we move along, ...

The Fund cites declining RBI interventions but warns that India's FX restrictions and slow structural reforms could hinder ...

Nigeria, one of Africa’s largest economies, has a long-standing history of grappling with currency stability and foreign exchange challenges. Over the years, the government has employed various ...

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 ...

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 ...