Argentina’s central bank will alter its exchange rate scheme and speed the rebuilding of its hard currency reserves, as President Javier Milei tries to quell investor concerns about the country’s ...
Juana Lilia Delgado, the head of the Central Bank of Cuba (BCC), has announced a phased transformation of the foreign exchange market, set to begin ...
“In the past, when the U.S. Federal Reserve lowered interest rates, the won strengthened against the dollar. Now, this ‘formula’ no longer works well. The exchange rate is reacting more sensitively to ...
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 ...
Bank of America has released a fresh analysis of Costa Rica’s economy, pointing to steady conditions ahead. The report predicts the dollar exchange rate will hold firm with only slight shifts in 2026, ...
The exchange rate plummeted by over 30 won from the 1,470 Korean won range to the 1,440 Korean won range in a single day, aided by strong verbal interventions from Cheong Wa Dae and foreign exchange ...