This paper reviews recent experience with the choice of floating or fixed (“anchor”) exchange regimes in ... owing to the useful operational role of exchange rate margins and unavoidable medium-term ...

It looks at why so many countries have made a transition from fixed or "pegged" exchange rates to "managed floating" currencies. It discusses how economics perform under different exchange rate ...

This decision is a pragmatic step, regardless of whether it was motivated by the necessity of meeting IMF program conditions ...

Valley National Bancorp (NASDAQ: VLY), the holding company for Valley National Bank, today announced the redemption, in full, of its 5.25% Fixed-to-Floating Rate Subordinated Notes due 2030 (the ...

will redeem all of its issued and outstanding 5.148 percent Fixed Rate / Floating Rate Callable Senior Bank Notes, worth $500 million, due May 22, 2026. The company noted that the redemption price ...

The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that The Bank of New York Mellon, its wholly-owned subsidiary, will redeem all of its ...

A dollar gauge is on track for its worst performance during the first 100 days of a U.S. presidency in data going back to the Nixon era.