We offer a unifying empirical model of covered and uncovered currency premia, interest rates and spot and forward exchange rates, both in the cross section and time series of currencies. We find that ...
Interest rates play a critical role in shaping the values of different currencies. Central banks worldwide utilize interest rates as a monetary policy tool to manage their economies, making it ...
This paper estimates, for the first time, the exchange rate elasticity of bilateral trade in services, providing indirect evidence of both producer currency pricing and dominant currency pricing in ...
Lebanese rulers have left crisis to fester since 2019 Devaluation still leaves pound well below market rate Economist sees move as no big development in bigger picture BEIRUT, Feb 1 (Reuters) - ...
Move comes after huge Emirati investment deal Egypt has pledged exchange rate flexibility in past Economy hampered by chronic forex shortage CAIRO/DUBAI, March 6 (Reuters) - Egypt secured an expanded ...