In other words, it is the value of a country's currency compared to another. Fixed exchange rates mean that two currencies will always be exchanged at the same price, while floating exchange rates ...

This paper examines the recent evolution of exchange rate policies in the developing world. It looks at why so many countries have made a transition from fixed or "pegged" exchange rates to "managed ...

The impossible trinity in international economics explains the challenges countries face when attempting to achieve three key objectives for economic stability. The first objective is a fixed ...

AMMAN, 24 October 2005 -- In October 1995, the Central Bank of Jordan took a strategic decision to peg the Jordanian dinar to the US currency at the fixed exchange rate of $1.41 to the dinar. This has ...

Ukraine to ease fixed currency rate from Tuesday Battered economy shows smalls signs of recovery KYIV, Oct 2 (Reuters) - Ukraine's central bank said it would bring in a more flexible exchange rate ...