The Canadian Journal of Economics / Revue canadienne d'Economique, Vol. 50, No. 3 (August / Août 2017), pp. 804-837 (34 pages) This paper studies the costs and benefits of fixed and flexible exchange ...

International Economics examines the cross‐border flow of goods, services, capital and information, shaping how nations interact within an increasingly interdependent global economy. Its scope extends ...

Exchange rate pass‐through refers to the extent to which fluctuations in the nominal exchange rate affect domestic prices—both at the producer and consumer levels. This dynamic plays a pivotal role in ...

Milton friedman, a Nobel-prizewinning economist, was an early fan of floating currencies. The case for flexible exchange rates, he once pointed out, is the same as the argument for daylight-saving ...

Under efficient consumption risk sharing, as assumed in standard international business cycle models, a country's aggregate consumption rises relative to foreign consumption, when the country's real ...

CHINESE officials tired of defending their exchange-rate policy can at least appreciate the irony in the latest charges levelled against them. For years foreigners accused them of keeping the yuan ...

What is the value of a country’s goods against those of another country, a group of countries, or the rest of the world, at the prevailing exchange rate? How does one determine whether a currency is ...

Every five years, the IMF updates the currency basket it uses to denominate its transactions. The SDR is used primarily in IMF operations, as well as in a small number of private and public ...

The yuan-dollar exchange rate is likely to be stable, more stable than headlines about Chinese currency policy would suggest. Foreign exchange rates are important to the many businesses that buy or ...

Elvis Picardo is a regular contributor to Investopedia and has 25+ years of experience as a portfolio manager with diverse capital markets experience. Suzanne is a content marketer, writer, and ...

The move would help capture daily exchange rate fluctuations and help importers and exporters to precisely calculate customs duties based on daily exchange rate We'll be in your inbox every morning ...