Learn how overshooting impacts exchange rate volatility and why Dornbusch’s model is pivotal in explaining the short-term departure from price equilibrium.

Argentina’s central bank will alter its exchange rate scheme and speed the rebuilding of its hard currency reserves, as ...

Discover how central banks manage currency values through dirty floats, stabilizing economies by intervening in exchange rates to mitigate economic shocks.

On the 24th, the dollar-won exchange rate plummeted due to the foreign exchange authorities’ strong verbal intervention, but ...

We offer a unifying empirical model of covered and uncovered currency premia, interest rates and spot and forward exchange rates, both in the cross section and time series of currencies. We find that ...

Mauricio de Miranda Parrondo, a renowned Cuban economist, has expressed strong disapproval of the latest exchange rate policy announced by the ...

Cuban actor Luis Alberto García Novoa has openly criticized the recent changes to the currency exchange market in Cuba.