Under dominant-currency pricing—where many export prices are set in dollars—the real exchange rate allocates export windfalls between producers and consumers. When the real exchange rate is stable, ...

Ghana’s economic fortunes have long been tied to the ebb and flow of its currency- the Cedi. Over the past decade, the Real Effective Exchange Rate (REER) has traced a path of relative stability, ...

It is a very tough exercise for our central bank to arrive at an optimal exchange rate and interest rate and, more importantly, ensure adequate liquidity in the market for credit creation without ...

An analysis has shown that the real value of the Japanese yen last month fell to its lowest level since Japan adopted a floating exchange rate system in 1973, dropping to one-third of its peak level ...