The prevailing view now is that increasing flexibility in exchange rate management would help countries deal with external shocks, reduce the risk of banking crises, and contribute to financial ...

The NBU increased the net sale of foreign currency on the interbank foreign exchange market in the period from March 24 to ...

China will maintain exchange rate flexibility while strengthening expectation guidance and resolutely guarding against the risk of exchange rate overshooting, Pan Gongsheng, governor of the People ...

On the contrary, allowing for more flexibility reduces persistence but increases the size of misalignments. Overall, we show that Latin American countries face a crucial trade-off when they have to ...

While IMF directors recommended greater exchange rate flexibility as the first line of defence in absorbing external shocks with interventions limited to addressing disorderly market conditions ...

While IMF directors recommended greater exchange rate flexibility as the first line of defence in absorbing external shocks with interventions limited to addressing disorderly market conditions ...