Learn how floating exchange rates work, driven by forex market supply and demand, and compare with fixed rates to grasp their impact on global economies.

Discover how the nominal effective exchange rate (NEER) measures currency competitiveness globally, and learn how the NEER impacts forex markets and trade policy analysis.

Finding the best way to change money is an age-old problem for travelers, but the smartest methods for doing it have evolved dramatically in recent years. Currency exchange used to be as simple as ...

Interest rates play a critical role in shaping the values of different currencies. Central banks worldwide utilize interest rates as a monetary policy tool to manage their economies, making it ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Growing remittance flows to emerging and developing economies may lead to real exchange rate appreciation and weaken their ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper estimates, for the first time, the exchange rate elasticity of bilateral trade in services, providing indirect ...

The exchange rate does not serve as a policy tool in a market where its level is determined by market forces, RBI's Poonam Gupta said at an event in Mumbai ...