Central bank will keep intervening in the forex market through dollar buy-sell and a currency band will be maintained ...

The central bank governor expected the 'managed exchange rate' to be around the existing rate due to available dollar liquidity.

Bangladesh on Wednesday agreed to the International Monetary Fund's (IMF) condition of adopting a market-determined exchange ...

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 ...

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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 ...

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.

The rand follows a floating exchange rate system, which is why it is so heavily influenced by other factors. The rand is an emerging market currency, which means it is influenced by both local and ...

Oil prices fell on Monday after oil-producing group OPEC+ agreed to accelerate oil production increases, while Taiwan's ...

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 ...

The long-suffering currency will start on a new exchange rate regime on Monday after the government ... surely head toward the upper end of the (floating) band, and that's where exporters will ...