The Central Bank of Cuba (BCC) implemented its most significant daily exchange rate increase since the introduction of its “exchange segments” system ...
Journal Editorial Report: The week's best and worst from Kim Strassel, Kyle Peterson and Dan Henninger. Images: CNP/Zuma Press/Shutterstock/ Composite: Mark Kelly Nobel economics laureate Robert ...
Whereas the Nigerian monetary authority fixed the official exchange rate at N196 to a dollar, there is today a near 50% differential in the parallel market rate to the official rate.The fact that the ...
A version of this story appeared in the daily Threat Status newsletter from The Washington Times. Click here to receive Threat Status delivered directly to your inbox each weekday. A version of this ...
Nigeria, one of Africa’s largest economies, has a long-standing history of grappling with currency stability and foreign exchange challenges. Over the years, the government has employed various ...
Exchange rates play a crucial role in the global economy, influencing trade, investment, and economic stability. Understanding the various measurements and regimes of exchange rates is essential for ...
Argentina will have a floating exchange rate “pretty soon” as its current trading band widens, according to President Javier Milei’s deregulation czar. “The bands are opening up as we move along, ...
The move, which economists deem positive, is a prelude to needed monetary reform. When Bola Tinubu was inaugurated as president of Nigeria on May 29, he noted that the country’s monetary policy needed ...