In a dual exchange rate system, there are both fixed and floating exchange rates in the market. The fixed rate is only ...

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 ...

Alfaro, Laura, and Sarah Jeong. "Floating the Exchange Rate: In Pursuit of the Chinese Dream." Harvard Business School Case 320-039, November 2019.

The Reserve Bank of Zimbabwe (RBZ) has reaffirmed that only the interbank market has the authority to determine the country’s ...

INR operates under a managed floating exchange rate system, where its value is determined by market forces but regulated by the Reserve Bank of India (RBI) to prevent excess volatility.

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.

The move to a floating exchange-rate regime in August 2015 led to a steep depreciation of the Kazakhstani tenge (KZT) and a steep increase in the inflation rate, which rose from 3.8 percent, ...

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 ...