The National Planning Commission (NPC) says exchange rate unification (devaluation) could help solve current economic challenges like forex scarcity but needs to be implemented jointly with a broad ...
Malawi should move decisively to unify its exchange rate because the current dual system is “untenable” and no longer restrains inflation, a new policy note has indicted. But economists have cautioned ...
Financial authorities from South Korea and the United States have reached an agreement on exchange rate policy after five months of negotiations. The agreement includes a commitment to refrain from ...
We recently published a leader and briefing in which we argued that Taiwan’s weak-currency policy is punishing consumers and storing up financial risk. The central bank, known as the CBC, has written ...
Cross-border payments are changing: existing intermediaries are upgrading their networks and new platforms based on novel digital forms of money are being explored, even as geoeconomic fragmentation ...
Modern monetary theory increasingly supports a clear mandate: central banks work best when price stability is their primary objective ...
Ghana’s economic fortunes have long been tied to the ebb and flow of its currency- the Cedi. Over the past decade, the Real Effective Exchange Rate (REER) has traced a path of relative stability, ...
Under dominant-currency pricing—where many export prices are set in dollars—the real exchange rate allocates export windfalls between producers and consumers. When the real exchange rate is stable, ...
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