Instead of depleting foreign reserves, the government diverts the heavy demand for foreign currency to the free-floating ...
Under all exchange rate regimes other than absolutely free floating, ancillary policy to affect the foreign exchange market through official intervention and controls merits attention. The key point ...
Pegging the exchange rate to a strong anchor currency (often the dollar or ... were headed toward hard pegs in the form of a monetary union, while others were free floating. Some, indeed, managed to ...
Alfaro, Laura, and Sarah Jeong. "Floating the Exchange Rate: In Pursuit of the Chinese Dream." Harvard Business School Case 320-039, November 2019.
Bank of New York Mellon Corp cut its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO – Free ...