Indeed, promoting greater trade and cross-border investment was the economic motivation behind fixed exchange rates and eventual monetary union ... can affect the stability of the overall ...

The basic purpose of adopting fixed exchange rate system is to ensure stability in foreign trade and capital movements. Under fixed exchange rate system, the government assumes the responsibility ...

By the same token, one normally considers that 1947-1973 was a period of fixed (but adjustable) exchange rates, in contrast to the gold standard of the first decades of the 20th century ...

Today’s system of exchange rates act as the lynchpin of the age of globalisation, but the road to that system has been tumultuous, shaped by a series of mistrials In 1944, a mechanism for fixed ...

Intermediate proposals include target zones, a quasi-fixed exchange rate regime among the major ... require largely devoting monetary policy to the requirements of exchange rate stability, which is ...

Long-term exchange-rate stability will break the expectation of appreciation and, with good fiscal policy, will restore economic health on both sides of the Atlantic. A more stable dollar would ...

[Photo/Xinhua] Despite facing a substantial external demand gap caused by US tariffs, keeping the renminbi exchange rate generally stable as much as possible should remain the best option for ...

“It is one of the few fixed exchange rate regimes where it’s almost back ... However, this traditional measure of currency stability doesn’t account for the reduced purchasing power that ...