As Iran’s economy grapples with sanctions, chronic inflation and persistent exchange-rate volatility, some policymakers ...

Discover how the European Monetary System (EMS) stabilized currencies and laid the groundwork for the euro, creating economic unity in Europe from 1979 onwards.

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

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 ...

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 trend of rising exchange rates has continued for four years. If the won-dollar exchange rate remains in the 1,400 Korean ...

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 ...

Last year, the intraday fluctuation range of the exchange rate against the dollar was the largest in 16 years since 2009, when the global financial crisis aftermath occurred. According to the Bank of ...

The Cuban currency exchange network, known as CADECA, has announced the launch of twenty new branches throughout the island.