Discover how the European Monetary System (EMS) stabilized currencies and laid the groundwork for the euro, creating economic unity in Europe from 1979 onwards.
As Nigeria closes the chapter on 2025, CBN emerges as the institution that quietly rebuilt foundations of the country’s ...
This paper provides new evidence on the exchange rate passthrough to domestic inflation in Sub-Saharan Africa (SSA) using both bilateral US dollar exchange rate and the nominal effective exchange rate ...
On December 18th, Cuba's black market for foreign currency starts its second consecutive day with stability, as the selling ...
Learn how overshooting impacts exchange rate volatility and why Dornbusch’s model is pivotal in explaining the short-term departure from price equilibrium.
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 ...
Mauricio de Miranda Parrondo, a renowned Cuban economist, has expressed strong disapproval of the latest exchange rate policy announced by the ...
Bangladesh’s central bank introduced a crawling peg system for the local currency in efforts to keep the taka stable and raised its key interest rate to tame inflationary pressures. The central bank ...
MUMBAI, Feb 27 (Reuters) - The International Monetary Fund retained its classification of India's "de facto" exchange rate regime as "stabilised" for the period of December 2022 to November 2024 after ...
Odongo Kodongo does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...