China is implementing a "trinity reform package" consisting of a shift of the yuan to a floating exchange rate system, the liberalization of interest rates, and the liberalization of capital ...

The magnitude of devaluation on August 11 is the largest since the current managed floating exchange rate system was introduced in July 2005. The midpoint rate of the yuan against the dollar ...

Discover how a nation's balance of payments can affect its currency's exchange rate and the dynamics of its relationship in international financial markets.

Every few months, headlines announce that countries want to “move away from the dollar.” India settles a shipment in rupees, African economies test regional payment systems, and the BRICS group ...

Our recent article, Swaps and Basis Trades Warn Of Mounting Liquidity Problems, touched on negative interest rate swap spreads as an omen of potential liquidity problems. To stay on the topic of ...

The Argentine government announced today a sweeping overhaul of its foreign exchange regime, set to take effect on Monday, including the end of currency controls and the introduction of a managed ...

After returning from my studies in the U.K., I was assigned to the planning section of the debt management division at the Ministry of Finance's financial bureau.

Former Vice President Atiku Abubakar has described President Bola Tinubu’s floating exchange rate system as an overkill. Atiku stated this on Sunday while listing things he would have done differently ...