1 The exchange rate is a primary focus of central bankers in small open economies as well as a prime concern of the broader public in those economies--and, to a lesser extent, in even the largest of ...

The international nature of the aviation industry means that airlines are exposed to currency fluctuation risk. Most carriers incur both costs and revenues in a number of currencies, and the fact that ...

In a statement on Wednesday night, Angela Sere-Ejembi, Director, Financial Markets, announced the changes and abolishment of segmentation. The Central Bank of Nigeria (CBN) has confirmed changes in ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper addresses a key puzzle in international finance: whether exchange rates follow a random walk or exhibit ...

Egypt's central bank announced on Thursday that it raised key interest rates by 2% and switched to a more flexible exchange rate system in a bid to combat the country's mounting economic issues. The ...

The CTU has reacted to comments made by the Prime Minister this morning that the Government is looking at labour market 'reform' as an option to address the high exchange rate. Peter Conway, CTU ...

The Bangko Sentral ng Pilipinas (BSP) said that it will not allow any excessive fluctuations in the foreign exchange rate, amid the weakness of the Philippine peso. According to BSP Governor Felipe ...

The naira has recovered against the US dollar in the official and unofficial foreign exchange markets The latest performance follows the eased pressure on the local currency, following an imbalance of ...