The Costa Rican Colón (CRC) has been Costa Rica's official currency since 1896, reflecting the nation's economic history.

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 ...

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 ...

The Indian rupee crossed Rs 90 to the dollar in early December 2025, marking its weakest level on record. Why did the RBI allow the currency to slide instead of stepping in to defend it, and why are ...

What I find most heartbreaking and strange lately is the story about the M2 growth rate,” said Bank of Korea Governor Rhee ...