But because countries no longer are obligated to peg their exchange rates in a system overseen by the IMF, they need a sound basis for selecting the regime best suited to their needs—be it fixed, ...

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 ...

The Central Bank of Nigeria (CBN) has reviewed the Customs foreign exchange rate for cargo clearance at Nigeria's ports as ...

Today’s system of exchange rates act as the lynchpin of the age of globalisation, but the road to that system has been tumultuous, shaped by a series of mistrials In 1944, a mechanism for fixed ...

ZIMSEC continues to accept fees in the currency paid by parents or guardians, with examination centres required to remit the fees in the same currency to the council. The circular was distributed to ...

and have long been considered to be cheaper over time – while fixed rates come with a built-in premium in exchange for the peace of mind they provide. And while it might seem like a prime time ...