As Iran’s economy grapples with sanctions, chronic inflation and persistent exchange-rate volatility, some policymakers ...

Discover how the European Monetary System (EMS) stabilized currencies and laid the groundwork for the euro, creating economic unity in Europe from 1979 onwards.

As Nigeria closes the chapter on 2025, CBN emerges as the institution that quietly rebuilt foundations of the country’s ...

The trend of rising exchange rates has continued for four years. If the won-dollar exchange rate remains in the 1,400 Korean ...

This paper provides new evidence on the exchange rate passthrough to domestic inflation in Sub-Saharan Africa (SSA) using both bilateral US dollar exchange rate and the nominal effective exchange rate ...

Growing remittance flows to emerging and developing economies may lead to real exchange rate appreciation and weaken their competitiveness. While the empirical literature finds mixed results about the ...

Bangladesh’s central bank introduced a crawling peg system for the local currency in efforts to keep the taka stable and raised its key interest rate to tame inflationary pressures. The central bank ...

MUMBAI, Feb 27 (Reuters) - The International Monetary Fund retained its classification of India's "de facto" exchange rate regime as "stabilised" for the period of December 2022 to November 2024 after ...

On December 18th, Cuba's black market for foreign currency starts its second consecutive day with stability, as the selling rates for the three main ...

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 ...

The Cuban currency exchange network, known as CADECA, has announced the launch of twenty new branches throughout the island.