When China made the shift to a managed floating exchange rate regime in July 2005 as the first step in its exchange rate system reform (renminbi reform), the renminbi (RMB) exchange rate was ...

In a bid to improve the independence of monetary policy and ease trade friction with the United States, China has been working on the renminbi (RMB) exchange rate system reform. In July 2005, China ...

Transition to the floating exchange rate regime of the Azerbaijani national currency (manat), should be carried out in stages, Elman Rustamov, chairman of the Central Bank of Azerbaijan, said at a ...

The Central Bank of Cuba (BCC) took action again this Saturday, adjusting its official exchange rate, thereby deepening the ...

Azerbaijan moved to a floating exchange rate, the latest crude producer to abandon a currency peg after oil prices slumped to the lowest in 11 years, letting the manat tumble by a third. The central ...

The Central Bank of Cuba (BCC) implemented its most significant daily exchange rate increase since the introduction of its “exchange segments” system ...

TOKYO -- More countries are adopting a managed floating exchange rate system, especially as a number of emerging countries try to safeguard their currencies from increased volatility in foreign ...