The Bangladesh Bank (BB) is not moving away from the crawling peg mechanism to a free-floating exchange rate regime right now to “avoid any speculative role” by foreign currency market aggregators.

The initial reason for adopting floating exchange rates was more a matter of circumstance than a considered choice. The Bretton Woods system, which was established shortly after the Second World War, ...

The Russian central bank is expected to hold interest rates at 21% in a decision at 1030 GMT as the ruble’s recent recovery has likely helped tackle inflation, Commerzbank said.

In the floating exchange rate regime, the central bank responds to higher demand of foreign currency entirely by devaluing the domestic foreign currency (making foreign currency costlier in terms ...

Changes in domestic interest rates affect the value of the Canadian dollar less than changes in the risk premium do. These ...

"The IMF welcomes the decision of the Egyptian authorities to adopt a fully flexible exchange rate regime. Such flexibility is important for the continuing efforts of the authorities to introduce ...

President Trump’s newfound love affair with cryptocurrencies and his announcement that the United States will become the ...

Highlights:,A floating exchange rate allows a currency to fluctuate freely based on ... pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual ...

Cardoso inherited and continued with the new unified and free floating exchange rate regime adopted by the former Acting Governor, Mr Folashadun Shonubi. The choice of foreign exchange regime ...