That effectively paved the way to the end of the Bretton Woods system and allowed the dollar and other currencies to freely trade against each other. A floating exchange rate system was adopted in ...

Simpler, if less compelling, evidence comes from a comparison of countries that switched to a pegged exchange rate (from a floating regime) or vice versa. Relative to the year preceding the regime ...

What is a reserve currency? How did the dollar come to dominate global trade and finance? And why might some countries prefer ...

Under the current global floating exchange range system (more on that soon), currency fluctuations result from the forces of supply and demand on a global scale. In short: Exchange rates compare ...

This was down from 6.5 per US dollar at the start of the year, under the floating exchange rate system. Shops began to quote prices in US dollars and refused to accept Hong Kong dollar notes.

I want to discuss Canada's experiences—both positive and negative—in moving from a fixed to a floating exchange rate regime, and our subsequent search for a monetary policy anchor. In doing so, I hope ...

ASTANA, Kazakhstan, May 2. Kazakhstan's floating exchange rate regime has strengthened the country's economic sustainability and reduced the level of dollarization, said Akylzhan Baimagambetov ...