Dr. Mumuni explained that this strategy has become necessary for countries such as Ghana because it helps reduce the ...

Recent bouts of currency volatility in the developing world have prompted Pacific Investment Management Co., one of the largest emerging-market investors, to question the efficacy of a floating ...

Growing remittance flows to emerging and developing economies may lead to real exchange rate appreciation and weaken their competitiveness. While the empirical literature finds mixed results about the ...

Ethiopia’s central bank scheduled two foreign exchange auctions worth a combined US$200 million for June 2026 The auctions come as authorities continue implementing IMF-backed exchange rate reforms ...

MUMBAI, Feb 27 (Reuters) - The International Monetary Fund retained its classification of India's "de facto" exchange rate regime as "stabilised" for the period of December 2022 to November 2024 after ...

The International Monetary Fund reclassified India’s exchange-rate regime after the rupee moved more freely, and said the nation is well-positioned to allow greater flexibility in its currency. The ...