There are other examples too. For instance, euro area countries are classified in existing regime classifications either as having floating exchange rates (even though 60 percent of their trade is ...

This paper reviews recent experience with the choice of floating or fixed ... rate adjustments in the context of fixed regimes. A survey of recent empirical cross-country literature also suggests ...

Currency exchange rates are determined in two main ways: In a fixed exchange rate system, the government ... ratesalso play a crucial role. For example, higher rates can attract foreign capital ...

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 ...