Most people, including even trained economists, fail to appreciate the fact that an exchange rate depreciation, if it is to work in reducing the trade deficit in a capitalist economy, must necessarily ...
IN RECENT YEARS, the Philippines has experienced a sharp rise in inflation and fluctuating exchange rates. The peso depreciated by 10.5% against the US dollar in 2022, briefly recovered with a 1% ...
The exchange rate thus affects its competitiveness ... Let RBI be restrained in active forex management and aim for gradual depreciation, which is inevitable. Meanwhile, some other non-RBI ...
Ghana, a nation pulsating with economic ambition, has long grappled with the volatility of its currency, the Cedi. This dance of fluctuating exchange rates, while a global phenomenon, has taken on a ...
For example, exchange rate pass-through is low in response to domestic demand shocks and relatively high in response to domestic monetary policy shocks. This framework can improve our ability to ...
with some attributing the trend to China's exchange rate policy, and a potential tariff conflict between China and the US. However, the renminbi's recent depreciation was influenced by a strong ...