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 ...

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 ...

What is a reserve currency? How did the dollar come to dominate global trade and finance? And why might some countries prefer ...

Alfaro, Laura, and Sarah Jeong. "Floating the Exchange Rate: In Pursuit of the Chinese Dream." Harvard Business School Case 320-039, November 2019.

Under the current global floating exchange range system (more on that soon), currency fluctuations result from the forces of supply and demand on a global scale. In short: Exchange rates compare ...

This was down from 6.5 per US dollar at the start of the year, under the floating exchange rate system. Shops began to quote prices in US dollars and refused to accept Hong Kong dollar notes.

I want to discuss Canada's experiences—both positive and negative—in moving from a fixed to a floating exchange rate regime, and our subsequent search for a monetary policy anchor. In doing so, I hope ...

Inflation risk With increased reserves, the government is betting on introducing a floating exchange rate regime that will fluctuate without intervention from the Central Bank. Given that 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 ...