The term “de-dollarisation” is often used loosely, but the core aim is clear: reduce exposure to a single foreign currency, ...

After many years in which the US consistently pushed China to move in the direction of a market-determined exchange rate, the Trump Administration is now pushing China to effectively fix its exchange ...

The influential Krugman-Flood-Garber (KFG) model of balance of payment crises assumes that a fixed exchange rate is abandoned if and only if international reserves reach a critical threshold value.

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 ...

Today’s system of exchange rates act as the lynchpin of the age of globalisation, but the road to that system has been tumultuous, shaped by a series of mistrials In 1944, a mechanism for fixed ...

The operation of the Canadian economy under fixed and flexible exchange rates: simulation results from the TRACE model. This paper investigates two `old' questions concerning the operation of fixed ...

Put simply, exchange rates compare the value of one currency to another. They measure how much of one currency it takes to purchase a unit of another. Exchange rates are ultimately determined in ...

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, ...

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 ...

Nick Lioudis is a writer, multimedia professional, consultant, and content manager for Bread. He has also spent 10+ years as a journalist. Thomas J Catalano is a CFP and Registered Investment Adviser ...

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 ...