The naira ended the last five trading days largely flat across the various segments of the foreign exchange (FX) market, ...

Emerging economies with managed exchange rates could harm growth in other countries, contributing to 'beggar thy neighbor' currency policies, U.S. Treasury official Lael Brainard said on Tuesday.

Exchange rate volatility may be costly for welfare. Leading the search into this issue was a paper by Obstfeld and Rogoff (1998). Their theoretical analysis finds that exchange rate volatility could ...

Bangladesh Bank Governor Ahsan H Mansur announced a managed floating exchange rate with immediate effect to meet the IMF conditions, helping secure the loan confirmation.

Ukraine's central bank said it would bring in a more flexible exchange rate from Tuesday, relaxing the official peg it has had throughout the war with Russia in a move to boost the economy.

Because of the exposure to these difficulties, it would be imperative that a managed exchange rate peg regime be tailored to limit concerns about Iraqi monetary policy. Some concrete steps that could ...

When Bola Tinubu was inaugurated as president of Nigeria on May 29, he noted that the country’s monetary policy needed “thorough housecleaning,” and ordered the Central Bank of Nigeria (CBN) to work ...

Also in August, Japan’s Ministry of Finance called on China to change its “tightly managed” exchange rate system, which it says, “effectively pegs the yuan at 8.28 to the dollar” no matter how the ...