Learn how floating exchange rates work, driven by forex market supply and demand, and compare with fixed rates to grasp their impact on global economies.

Learn about currency appreciation, its causes, how it affects economies and forex trading, with examples including the ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation We offer a unifying empirical model of covered and uncovered currency premia, interest rates and spot and forward exchange ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper estimates, for the first time, the exchange rate elasticity of bilateral trade in services, providing indirect ...

In honor of my friend Stephen Miran’s nomination to chairman of the Council of Economic Advisors I want to highlight an area where he is correct, or at least more correct than most participants in the ...

The U.S. Treasury on Tuesday said Thailand and Malaysia have agreed to regularly disclose any interventions in the foreign ...

Where Can I Exchange Foreign Currency? Getting your hands on foreign currency doesn't have to be complicated or expensive—you just need to know where to look. Planning an international trip raises an ...

Malawi’s central bank ruled out the need to devalue the currency because foreign-exchange inflows increased after voters elected a new president, easing a dollar shortage. Peter Mutharika swept to ...

Imagine someone who found secondary-school maths difficult being grilled about logarithms. That is how a lot of equity investors look if you ask them about currency risk. It is not because the ...