In 2026, the process of purchasing foreign currency through CADECA will incorporate a new floating exchange rate, estimated ...

The Cuban currency exchange network, known as CADECA, has announced the launch of twenty new branches throughout the island.

Put simply, exchange rates compare the value of one currency to another. They measure how much of one currency it takes to purchase a unit of another. Exchange rates are ultimately determined in ...

An exchange rate is how much of a given nation’s currency you can buy with a different nation’s currency. If you purchase foreign goods or travel abroad, you may need to convert your currency to ...

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, ...