The tightening conditions reflected a familiar pattern, as the cedi typically came under pressure in the final quarter of the year. Traders said expectations of stronger demand in the coming weeks ...

Nigeria, one of Africa’s largest economies, has a long-standing history of grappling with currency stability and foreign exchange challenges. Over the years, the government has employed various ...

The Economic Issues series was inaugurated in September 1996. Its aim is to make some of the economic research being produced in the International Monetary Fund on topical issues accessible to a broad ...

Starting in the 1990s – and faster since 2000 – emerging-market economies floated their currencies, hoping to insulate themselves from external shocks and gain the ability to set interest rates ...

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 ...

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 ...

CARACAS (Reuters) - Venezuela will make its foreign currency system more flexible by reviving a stalled dollar auction scheme in July and after that allowing a revival of a free-floating secondary ...