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 ...

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.

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 ...

Bangladesh has taken a long-awaited and consequential step by officially floating the taka. This marks the end of a tightly managed exchange rate regime that, for years, concealed deeper imbalances in ...

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 ...

The key messages from this article are (a) African countries should learn from their failed past adjustment policies; (b) development policies, including exchange rate regimes, should be predicated on ...

December 15, 2015 (JUBA) – South Sudan has abandoned a fixed exchange rate and surrendered its currency, the South Sudanese pound, to trade freely in the market against the US dollar and other foreign ...

RMB exchange rate formation mechanism reform is a significant part of deepening reform. At the beginning of reform and opening-up China adopted unified exchange rate system. From 1981 to 1984 China ...

SHANGHAI (Reuters) - China paved the way for a depegging of its yuan against the dollar in place since July 2008 by pledging last month that it would push forward currency reforms and improve the yuan ...

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.