As Iran’s economy grapples with sanctions, chronic inflation and persistent exchange-rate volatility, some policymakers ...
Forex liquidity and currency swaps are hard to access for many in Africa, which limits the use of United States dollar-based services in the continent’s import-dependent economies. This creates a ...
Cuban economist Pedro Monreal has delivered a sharp critique of the Cuban government's newly implemented exchange rate framework. In his Substack ...
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 ...
This paper investigates the impact of natural disasters on exchange rate movements in different country groups with different exchange rate regimes. Using a panel local projection model with a ...