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 ...

This paper assesses the stabilization properties of fixed versus flexible exchange rate regimes and aims to answer this research question: Does greater exchange rate flexibility help an economy’s ...

Although the theoretical relationships are ambiguous, evidence suggests a strong link between the choice of the exchange rate regime and economic performance. The paper argues that adopting a pegged ...

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, ...

This Economic Letter is based on a presentation Mark Spiegel prepared for a panel on “Optimal Currency Arrangements for Emerging Market Economies: The Experience of Latin America and Asia,” organized ...

LONDON (Reuters) - Lebanon's currency peg to the dollar has come under scrutiny after two weeks of widespread protests over corruption in the heavily indebted country which has descended into a deep ...

Nigeria operates a multiple exchange rate regime, which the Central Bank of Nigeria (CBN) has defended. But the International Monetary Fund (IMF) has faulted the multiple exchange rate regime and ...

The MAN DG added that the regime would engender competitiveness of Nigeria’s export and lead to improved market efficiency for effective foreign exchange access and rise in capital flows. Its Director ...

Financial pundits are upbeat about the unification of dollar buying rates for banks and Bureau de Change (BDC) operators by the Central Bank of Nigeria (CBN). To them, it is a migration from the ...

LONDON, March 15 (Reuters) - Tumbling commodity prices, slowing growth and gaping fiscal holes have forced many countries to loosen or scrap their currency pegs and pressure is mounting on those that ...