This discussion is based on the theory of optimal currency areas, which stipulates that real shocks (for example, terms of trade shocks) are better accommodated through flexible exchange rates, and ...

Brian McCarthy, managing principal at Macrolens, says that "handcuffs" it from "executing the kind of aggressive stimulus ...

Explore the significance of the Bretton Woods Agreement in shaping global economic relations post-WWII, establishing key ...

In a dual exchange rate system, there are both fixed and floating exchange rates in the market. The fixed rate is only applied to certain segments of the market, such as “essential” imports ...

Finance Minister Sitharaman clarifies that the rupee value is market-determined, rejecting claims of devaluation. She ...

Das said a stable exchange rate is a beacon of financial and overall macroeconomic stability and market confidence. The Reserve Bank of India (RBI) does not have any fixed dollar: rupee exchange ...