This brief considers the choice of an appropriate exchange rate regime—floating, managed or fixed arrangements—for individual countries in light of important changes that have taken place in the world ...

But because countries no longer are obligated to peg their exchange rates in a system overseen by the IMF, they need a sound basis for selecting the regime best suited to their needs—be it fixed, ...

The IMF helped to supervise the fixed exchange rate regime and to shore up countries’ reserves if they faced deficits. One of the meeting’s initiatives was to set fixed exchange rates as a way ...

In many countries, many exchange rates were out of equilibrium in many moments between 1947 and 1973—due to the excessive rigidity of fixed rates ... the exchange rate system after the disaster ...

The Jamaica Agreement abolished gold as a reserve asset and formalised the floating exchange rate system that survives to this day. Countries around the world have since chosen their own method of ...

The exchange rate applied at the time set ... and services as well as financing. All of the countries in the Bretton Woods system agreed to a fixed peg against the U.S. dollar with diversions ...

In terms of their impact on the international trading and monetary system, Donald Trump’s reciprocal tariffs are comparable to Richard Nixon’s 1971 dollar devaluation and Paul Volcker’s 1980s' interes ...

The Argentine government announced today a sweeping overhaul of its foreign exchange regime, set to take ... of a managed float within a fixed exchange rate band. The move marks the beginning ...