This brief considers the choice of an appropriate exchange rate regime—floating, managed or ... vis-à-vis the U.S. dollar. Similarly, in Mercosur, before the floating of the Brazilian real in early ...

As of this writing, it is positioned at the midpoint of this range, valued at R18.85 against the US dollar. Notably, the rand’s current exchange rate against the USD mirrors that of the same ...

others practice "managed floating." Statistical analysis on monthly data for the past decade reveals that in most cases these exchange rate regimes can be approximated surprisingly well by a soft peg ...