It concludes that desirable differences between the two sets of regimes have narrowed, owing to the useful operational role of exchange rate margins and unavoidable medium-term rate adjustments in the ...

The following paper draws on material originally contained in IMF Working Paper 95/121, "Does ... fixed rate, if set at the "wrong" level, can result in a misallocation of resources. In our data, ...

Historically, fixed exchange rates ... have where currency values fluctuate in currency markets. This includes the world’s most traded currencies: the United States dollar, the euro, the Indian ...

The euro’s recent rally reflects a shift away from traditional rate-driven narratives, as tariff risks and U.S. macro shocks ...

But people's savings are protected in the EU. The EU does not have the power ... that will be at an exchange rate different from the current fixed one of 1.95583 leva for 1 euro", claims Kostadin ...