One of the landmark developments influencing financial markets in the post-war era occurred 50 years ago, when the international monetary system shifted from a fixed to a floating exchange-rate regime ...

Many economists argue that a flexible exchange rate regime is preferable to a fixed exchange rate regime because it helps to insulate the domestic economy from adverse external shocks. For example, ...

The foreign exchange rate is the rate at which one currency is exchanged for another. For example, if you want to exchange U.S. dollars (USD) for Euros (EUR), the exchange rate will determine how many ...

Former Vice President Atiku Abubakar has described President Bola Tinubu’s floating exchange rate system as an overkill. Atiku stated this on Sunday while listing things he would have done differently ...

BRASILIA (Reuters) - China remains on course to gradually put in place a managed floating exchange rate system, President Hu Jintao said in a speech released on Friday amid pressure on Beijing to let ...