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 ...

Following a shift from a de facto dollar-peg to a "managed floating" exchange rate in July 2005, the renminbi (RMB) has been trending upward against the U.S. dollar, breaking the 7-yuan threshold on ...

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.

Bangladesh's shift to a market-based currency exchange system marks an effective transformation of the country's macroeconomic policy approach. By allowing market forces to play a greater role 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 ...

TASHKENT, Uzbekistan, January 19. Uzbekistan reaffirmed its commitment to reforms, highlighting the role of a free-floating exchange rate within its inflation-targeting framework, Trend reports via ...

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.