When faced with a sudden shock to its economy, a country can opt to implement a dual or multiple foreign exchange rate system. With this type of system, a country has more than one rate at which its ...

Journal Editorial Report: The week's best and worst from Kim Strassel, Kyle Peterson and Dan Henninger. Images: CNP/Zuma Press/Shutterstock/ Composite: Mark Kelly Nobel economics laureate Robert ...

Discover the ins and outs of fixed-for-fixed currency swaps, where parties exchange fixed interest payments across different ...

Whereas the Nigerian monetary authority fixed the official exchange rate at N196 to a dollar, there is today a near 50% differential in the parallel market rate to the official rate.The fact that the ...

A version of this story appeared in the daily Threat Status newsletter from The Washington Times. Click here to receive Threat Status delivered directly to your inbox each weekday. A version of this ...

Nigeria, one of Africa’s largest economies, has a long-standing history of grappling with currency stability and foreign exchange challenges. Over the years, the government has employed various ...

Exchange rates play a crucial role in the global economy, influencing trade, investment, and economic stability. Understanding the various measurements and regimes of exchange rates is essential for ...

Argentina will have a floating exchange rate “pretty soon” as its current trading band widens, according to President Javier Milei’s deregulation czar. “The bands are opening up as we move along, ...