The swings in the Indian nominal exchange rates, associated with global events, are driven more by surges in global capital. No evidences of systemic overvaluation are revealed. In fact, the Indian ...

At the time (June 2022) I was explaining “ Why Roughly 2.25% is an Equilibrium Real Rate,” and of course if you add reasonable inflation expectations of 2.5%-3% you get to 4.75%-5.25% as an ...

When China made the shift to a managed floating exchange rate regime in July 2005 as the first step in its exchange rate system reform (renminbi reform), the renminbi (RMB) exchange rate was ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper investigates the likely implications of declining oil production on Yemen's equilibrium exchange rate, and ...

Sanjiv is a journalist working for the Edit Page of The Times of India. The scare over a rumour about the “devaluation” of the rupee may have ended after finance ministry emphatically denied it, but ...

This paper provides a selective overview of nonlinear exchange rate models recently proposed in the literature and assesses their contribution to understanding exchange rate behavior. Two key ...

Ever since the Lehman Brothers collapse in 2008, as the Japanese yen continues at high levels, there has been a growing need not only to observe the bilateral exchange rate of the yen vis-à-vis the ...

I have enjoyed the foreign exchange rate discussions between Mr. Bhagwandin, Dr. Singh and Dr. Yhip. I am by no means as experienced in the field of economics as these learned men. However, as a ...

Pakistan’s Real Effective Exchange Rate (REER), a measure of the value of a currency against a weighted average of several foreign currencies, increased further to 104.05 in January 2025, up from ...