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 ...

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 ...

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 ...

The Bangladesh Bank (BB) is not moving away from the crawling peg mechanism to a free-floating exchange rate regime right now to "avoid any speculative role" by foreign currency market aggregators.

Put simply, exchange rates compare the value of one currency to another. They measure how much of one currency it takes to purchase a unit of another. Exchange rates are ultimately determined in ...

ASTANA, Kazakhstan, May 2. Kazakhstan's floating exchange rate regime has strengthened the country's economic sustainability and reduced the level of dollarization, said Akylzhan Baimagambetov, Deputy ...