When faced with a sudden shock to its economy, a country can opt to implement a dual or multiple foreign exchange rate system. With this type of system, a country has more than one rate at which its ...

This collection of essays came out of a conference that coincided with the 50th anniversary of the final collapse of the Bretton Woods system of pegged but adjustable exchange rates. This collapse, ...

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 Bank of Russia switched to the floating exchange rate regime in November 2014 MOSCOW, August 29. /TASS/. Despite limited movement of capital, the ruble’s exchange rate remains floating, the Bank ...

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 ...

Recent bouts of currency volatility in the developing world have prompted Pacific Investment Management Co., one of the largest emerging-market investors, to question the efficacy of a floating ...

The foreign exchange rate, often abbreviated as “forex” or “F.X.,” is a fundamental concept in international finance and trade. It plays a pivotal role in the global economy and impacts individuals, ...

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, ...

BRASILIA (Reuters) - China remains on course to gradually put in place a managed floating exchange rate system, President Hu Jintao said in a speech released on Friday amid pressure on Beijing to let ...