Milton friedman, a Nobel-prizewinning economist, was an early fan of floating currencies. The case for flexible exchange rates, he once pointed out, is the same as the argument for daylight-saving ...

Paying with expensive cards or on poor exchange rates while on your summer holiday could easily eat into your holiday budget. Travel money: five tips for your summer holidays Four factors that affect ...

BEIRUT, May 20 (Reuters) - Lebanon's telecommunications sector will begin using the central bank's Sayrafa exchange platform for phone services, including calls and mobile data, Telecoms Minister ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper addresses a key puzzle in international finance: whether exchange rates follow a random walk or exhibit ...

The naira traded weaker on Wednesday as official market and parallel rates diverged, with the Nigerian Foreign Exchange Market (NFEM)/Central Bank of Nigeria (CBN) volume-weighted rate around ₦1,465 ...

The Central Bank of Libya on Sunday introduced a new unified exchange rate agreed last month after years of division between rival branches based on opposing sides of the front line.