The National Planning Commission (NPC) says exchange rate unification (devaluation) could help solve current economic challenges like forex scarcity but needs to be implemented jointly with a broad ...

Malawi should move decisively to unify its exchange rate because the current dual system is “untenable” and no longer restrains inflation, a new policy note has indicted. But economists have cautioned ...

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 ...

Since there was a preponderance of pegged exchange rate regimes in the 1960s--when inflation rates were low--the association between low inflation and pegged rates might be more an artifact of the ...

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 ...

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, ...

The MAN DG added that the regime would engender competitiveness of Nigeria’s export and lead to improved market efficiency for effective foreign exchange access and rise in capital flows. Its Director ...

LONDON, March 15 (Reuters) - Tumbling commodity prices, slowing growth and gaping fiscal holes have forced many countries to loosen or scrap their currency pegs and pressure is mounting on those that ...

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 ...

This Economic Letter is based on a presentation Mark Spiegel prepared for a panel on “Optimal Currency Arrangements for Emerging Market Economies: The Experience of Latin America and Asia,” organized ...

Vice-President Yemi Osinbajo has said Nigeria’s exchange rate regime remains a subject of concern which needs to be redressed. Osinbajo expressed this view in his address at the opening of the 28th ...

Argentina will have a floating exchange rate “pretty soon” as its current trading band widens, according to President Javier Milei’s deregulation czar. “The bands are opening up as we move along, ...