and Morocco have some type of pegged exchange rate regime. Egypt had a pegged exchange rate until January 29, 2003, when it adopted a floating exchange rate regime. Tunisia and, more recently, Iran ...
Foreign exchange rates may be fixed or floating. It is also known as a pegged exchange rate. A fixed exchange rate is a regime imposed by the government or RBI. It ties the official exchange rate ...
In a significant shift for its currency management, Cuba plans to introduce a floating exchange rate by 2025, aligning the ...
The recent announcement by Cuban Prime Minister Manuel Marrero about implementing a daily floating exchange rate for the ...
Simpler, if less compelling, evidence comes from a comparison of countries that switched to a pegged exchange rate (from a floating regime) or vice versa. Relative to the year preceding the regime ...
That effectively paved the way to the end of the Bretton Woods system and allowed the dollar and other currencies to freely trade against each other. A floating exchange rate system was adopted in ...
Former Vice President Atiku Abubakar has described President Bola Tinubu’s floating exchange rate system as an overkill.
MESERET BEHAILU — The Ministry of Trade and Regional Integration (MoTRI) has revealed that the floating exchange rate reform is yielding significant outcomes, with improving the quality of ...