In 2026, the process of purchasing foreign currency through CADECA will incorporate a new floating exchange rate, estimated ...
The Cuban currency exchange network, known as CADECA, has announced the launch of twenty new branches throughout the island.
The peso strengthened nearly 14% in 2025, its best year since Mexico abandoned a fixed exchange rate over 30 years ago.
A version of this story appeared in the daily Threat Status newsletter from The Washington Times. Click here to receive Threat Status delivered directly to your inbox each weekday. A version of this ...
Discover how central banks manage currency values through dirty floats, stabilizing economies by intervening in exchange rates to mitigate economic shocks.
This splendid conference volume comprises 28 succinct essays by top researchers and policymakers on the switch to floating exchange rates in 1973, plus an introduction by Maury Obstfeld and Doug Irwin ...
JUBA, Dec 15 (Reuters) - South Sudan abandoned its official fixed exchange rate and moved to a floating rate on Tuesday, Finance Minister David Deng Athorbei said. The central bank had held onto a ...