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 ...

Discover how central banks manage currency values through dirty floats, stabilizing economies by intervening in exchange rates to mitigate economic shocks.

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 ...

Juana Lilia Delgado, the head of the Central Bank of Cuba (BCC), has announced a phased transformation of the foreign ...

The latest currency exchange system unveiled by the Central Bank of Cuba (BCC) is being portrayed by the regime as a structural reform aimed at ...

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 ...

Growing remittance flows to emerging and developing economies may lead to real exchange rate appreciation and weaken their competitiveness. While the empirical literature finds mixed results about the ...

The International Monetary Fund has classified India’s exchange rate regime as a ‘crawl-like’ arrangement. This means the Reserve Bank of India (RBI) is allowing a measured flexibility in the forex ...