Venezuela’s currency has fallen nearly 20 per cent on the black market since the US capture of President Nicolás Maduro, as ...
HAVANA (Reuters) - Cuba said late on Thursday it would start its long-awaited monetary reform in January, eliminating its dual currency and labyrinthine multiple exchange rate system in a bid to ...
When President Bola Ahmed Tinubu’s administration dismantled Nigeria’s rigid foreign exchange regime in 2024, critics were quick to call it a currency collapse. The naira plunged to N1,800 per dollar ...
BCA Research: Egyptian currency devaluation is imminent The world remains focused on the unfolding political process in Egypt, but the nation’s currency is teetering on the edge of a substantial ...
The British consultancy Oxford Economics considers Mozambique and Angola to be among the four African countries at risk of ...
A 300% devaluation in Venezuela’s currency should enable the government to reduce the public-sector deficit, but PDVSA, the state-owned oil company, is expected to issue up to $6 billion in debt this ...
The report, titled “Exchange Rate Pass-Through to Domestic Prices in Nigeria: An Empirical Investigation”, was published by the Central Bank of Nigeria (CBN) in the Economic and Financial Review. The ...
Discover everything about the Saudi Riyal (SAR), from its historical origins and fixed USD exchange rate, to its impact on the Kingdom's oil-based economy.
Growing remittance flows to emerging and developing economies may lead to real exchange rate appreciation and weaken their competitiveness. While the empirical literature finds mixed results about the ...
Learn how currency adjustment factor (CAF) affects shipping costs between the U.S. and Pacific Rim countries, compensating ...
This paper addresses a key puzzle in international finance: whether exchange rates follow a random walk or exhibit predictable patterns. We demonstrate that exchange rates can possess a unit root ...