The improvement is accounted for by valuation adjustments, and the bulk of it by exchange rate movements. Conclusions. The increase in the degree of financial integration of the U.S. with the rest of ...

Spikes in exchange rate volatility and interest rate spreads tend to show up before major stresses in currency markets.

The cedi traded at 11.70 to the dollar on Thursday, an improvement from last week's closing rate of 12.40. Chris Nettey, head of trading at Stanbic Bank Ghana, quoted said: ...

Changes in supply and demand for currencies prompted by the opportunity to exploit interest rate differentials can, therefore, result in sizeable and persistent exchange rate movements. Specifically, ...

We use panel quantile regressions to study extreme (rather than average) movements in the distribution of the real effective exchange rate (REER) of small open economies. We document that global ...