In a dual exchange rate system, there are both fixed and floating exchange rates in the market. The fixed rate is only applied to certain segments of the market, such as “essential” imports ...

But because countries no longer are obligated to peg their exchange rates in a system overseen by the IMF, they need a sound basis for selecting the regime best suited to their needs—be it fixed, ...

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.

Fact checked by Yarilet Perez Reviewed by Gordon Scott International currency exchange rates define how much one currency can ...

Recent bouts of currency volatility in the developing world have prompted Pacific Investment Management Co., one of 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 ...

Mozambique’s currency stability since 2021 is driven by a mix of central bank policies, export structures, and market regulations that limit volatility despite a floating exchange rate. Planned ...