The paper develops an analytical framework of costs and benefits of a fixed exchange rate, based on the ability of a developing country to meet its external obligations while achieving a maximum rate ...

The Trump administration’s tariffs regime has disrupted markets, darkened the outlook for employers and businesses and ...

The inflation benefit from pegged regimes may seem at odds with the ... Indeed, promoting greater trade and cross-border investment was the economic motivation behind fixed exchange rates and eventual ...

If you're wondering what is fixed income investment and whether it deserves a spot in your portfolio, you're not alone. Fixed-income investments offer predictable interest payments and the return ...