A fixed exchange rate could be used each year, for example. Alternatively, prior-period numbers could be recast to match the average exchange rate for the current year.

With the central bank agreeing to go for a flexible exchange rate, the IMF will disburse the fourth and fifth instalments in June this year.

Bangladesh's long-delayed $1.3 billion IMF loan disbursement is now back on track, after the central bank cleared a major policy hurdle: moving towards a market-based exchange rate. The reform ...

The data splits into two sections: (1) from 1962 through 1997, Korea had a fixed exchange rate regime and (2) from 1998 through 2022, Korea had a flexible exchange rate regime. The empirical results ...

How does the potency of fiscal policy depend on a country's exchange-rate regime? The Mundell-Fleming theoretical model predicts that fiscal policy can affect output under both fixed and flexible ...

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 ...

There are two main exchange rate systems — fixed and floating. In a fixed exchange rate system, a government or central money maintains a currency’s value, allowing little to no fluctuation.

Exchange rates play a crucial role in international remittance, it directly impacts the transaction's value. A better understanding of these effects allows you to optimize remittance services and ...

In 1991, Argentina adopted a fixed exchange rate system, pegging one peso to the U.S. dollar. This decision initially curbed inflation and stabilized the economy but exposed Argentina to external ...