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 ...
Maxiphoto / Getty Images The balance of trade influences currency exchange rates through its effect on foreign exchange ...
A PERENNIAL question in international economics—whether in academia or in policy circles—concerns the optimal choice of exchange rate regime. After the breakdown of the Bretton Woods system in the ...
Former Vice President Atiku Abubakar has described President Bola Tinubu’s floating exchange rate system as an overkill.