Meanwhile, silver prices in Pakistan soared to a record high, with the metal gaining Rs290 to reach Rs6,822 per tola. Globally, spot silver surged around 4% to $66.3 an ounce, briefly touching an ...
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 ...
On the 24th, the dollar-won exchange rate plummeted due to the foreign exchange authorities’ strong verbal intervention, but ...
The Central Bank of Cuba (BCC) admitted on Wednesday that the newly established official exchange rate "is not what many ...
ORLANDO, Florida, Sept 10 (Reuters) - The dollar has been beaten down this year as investors have priced in a resumption of the Federal Reserve's rate-cutting cycle. But even if lower nominal rates ...
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 ...