Although the theoretical relationships are ambiguous, evidence suggests a strong link between the choice of the exchange rate regime and economic performance. The paper argues that adopting a pegged ...

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, ...

Today’s economic reality includes a world of free-floating fiat currencies, where the value of a nation’s currency is determined by supply and demand in the global foreign exchange or forex market.

Historical exchange rates can be used to analyze trends in foreign and domestic currency over time. They can also be used to identify periods of change, compare the history of different currencies and ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper provides new evidence on the exchange rate passthrough to domestic inflation in Sub-Saharan Africa (SSA) using ...

Its Director General, Segun Ajayi-Kadir, said this in an interview with the News Agency of Nigeria (NAN) on Thursday in Lagos. NAN reports that a floating exchange rate is a currency management system ...

There is no greater turmoil in the “Seely household” than when it comes to converting funds and trying to determine the movement of a foreign currency exchange rate. Research is done, historical ...

The move, which economists deem positive, is a prelude to needed monetary reform. When Bola Tinubu was inaugurated as president of Nigeria on May 29, he noted that the country’s monetary policy needed ...

1. The Exchange Rate in May 2023 At the time of President Tinubu’s inauguration, Nigeria operated a multiple exchange rate system. The official rate, managed by the Central Bank of Nigeria (CBN) at ...

BEIRUT, Nov 21 (Reuters) - Lebanon's central bank will adopt an exchange rate of 15,000 Lebanese pounds per U.S. dollar as of Feb. 1 as part of a process to unify the country's multiple exchange-rate ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Historical exchange rates can be used to analyze trends in ...