Discover how the European Monetary System (EMS) stabilized currencies and laid the groundwork for the euro, creating economic unity in Europe from 1979 onwards.

Discover how central banks manage currency values through dirty floats, stabilizing economies by intervening in exchange rates to mitigate economic shocks.

The USD/VND exchange rate has eased in recent sessions, helping to stabilize the market and creating opportunities for ...

The International Monetary Fund has classified India’s exchange rate regime as a ‘crawl-like’ arrangement. This means the Reserve Bank of India (RBI) is allowing a measured flexibility in the forex ...

On December 18th, Cuba's black market for foreign currency starts its second consecutive day with stability, as the selling ...

The recent announcement by the Central Bank of Cuba introducing a floating exchange rate has triggered an outpouring of reactions across social ...

Growing remittance flows to emerging and developing economies may lead to real exchange rate appreciation and weaken their competitiveness. While the empirical literature finds mixed results about the ...

This paper provides new evidence on the exchange rate passthrough to domestic inflation in Sub-Saharan Africa (SSA) using both bilateral US dollar exchange rate and the nominal effective exchange rate ...

Bangladesh’s central bank introduced a crawling peg system for the local currency in efforts to keep the taka stable and raised its key interest rate to tame inflationary pressures. The central bank ...

This month, the average exchange rate of the won against the dollar has surpassed 1,470 Korean won, marking the highest level ...