3.2. Average Annual Inflation and Real Per Capita GDP Growth: Comparison of Dual (or Multiple) and Unified Exchange Rate Systems, 1970–99 3.3. Average Annual Inflation Rates Across Exchange Rate ...

Exchange rates play a crucial role in the global economy, influencing trade, investment, and economic stability. Understanding the various measurements and regimes of exchange rates is essential for ...

Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of experience as a business executive. He is a professor of economics and has raised more than $4.5 billion in ...

On July 21, 2005, after more than a decade of strictly pegging the renminbi to the U.S. dollar at an exchange rate of 8.28, the People’s Bank of China (PBOC 2005a) announced a revaluation of the ...

The foreign exchange rate, often abbreviated as “forex” or “F.X.,” is a fundamental concept in international finance and trade. It plays a pivotal role in the global economy and impacts individuals, ...

Financial pundits are upbeat about the unification of dollar buying rates for banks and Bureau de Change (BDC) operators by the Central Bank of Nigeria (CBN). To them, it is a migration from the ...

Former Central Bank of Nigeria (CBN) Governor Charles Soludo yesteday advised the Federal Government to sustain the ban imposed on 41 items from access to foreign exchange (forex) through the official ...

International remittance is very important in connecting people and businesses across borders. It is through international remittance platforms that transacting across cross border remittance is ...

Every few months, headlines announce that countries want to “move away from the dollar.” India settles a shipment in rupees, African economies test regional payment systems, and the BRICS group ...

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 ...