In the past few years, a new theory is being developed with respect to the level of the exchange rate under a system of freely floating exchange rates or even under fixed rates. In the past few years, ...

Many countries go to great lengths to manage their exchange rates. Probably the most prominent recent example is the European Monetary Union, where all the members abandoned their national currencies ...

Many economists argue that a flexible exchange rate regime is preferable to a fixed exchange rate regime because it helps to insulate the domestic economy from adverse external shocks. For example, ...

Canada’s flexible exchange rate has helped the economy adjust to external shocks and contributed to low and stable inflation, a senior Bank of Canada official said Monday. Speaking in Edmonton, deputy ...

In the eyes of the International Monetary Fund, a country that allows the value of its currency to be determined by supply and demand is demonstrating financial maturity. “Emerging market countries ...

WASHINGTON (CBS.MW) -- China should adopt a flexible exchange rate to reduce global imbalances, said John Taylor, Treasury undersecretary for international affairs. "With its rapid growth and ...

This paper assesses the stabilization properties of fixed versus flexible exchange rate regimes and aims to answer this research question: Does greater exchange rate flexibility help an economy’s ...

Exchange controls are government restrictions on the purchase and sale of currencies, aiming to stabilize economies. Learn ...

BEIRUT, May 6 (Reuters) - A government plan for getting Lebanon out of a financial crisis is based on a shift to a flexible exchange rate, but in the "coming period", and a currency peg will be ...