trends, drivers, and implications for businesses, banks and consumers. By National Banking College Exchange rate movements are a critical pillar of macroeconomic stability in Ghana. Historically, the ...

After Japan’s bubble economy burst in the late 1980s and interest rates were subsequently slashed, carry trades and overseas investment boomed. As the Bank of Japan starts to raise Japan’s ...

This paper addresses a key puzzle in international finance: whether exchange rates follow a random walk or exhibit predictable patterns. We demonstrate that exchange rates can possess a unit root ...

Exchange rates play a crucial role in the global economy, influencing trade, investment, and economic stability. Understanding the various measurements and regimes of exchange rates is essential for ...

With major central banks now cutting policy rates, the global interest rate cycle is turning. This shows how far the fight against inflation has come in many advanced economies. But with economic ...

An exchange rate is how much of a given nation’s currency you can buy with a different nation’s currency. If you purchase foreign goods or travel abroad, you may need to convert your currency to ...

FRA offers high income via floating rate debt, but its golden era may be ending as interest rate cuts loom. The fund's distributions exceed earnings, raising the likelihood of a dividend cut to ...

An $8 billion IMF rescue package and a $35 billion UAE-engineered investment deal end Egypt’s foreign currency shortage. In early March, Egypt’s central bank hiked interest rates by 600 basis points, ...