This is a preview. Log in through your library . Abstract Canada has perhaps the longest track record of adhering to a floating exchange rate regime, but it may well also have been the first country ...

Discover how central banks manage currency values through dirty floats, stabilizing economies by intervening in exchange rates to mitigate economic shocks.

CHINA re-valued its yuan to 8.11 per dollar from the decade-long rate of 8.277 on July 21, 2005 The US Treasury Secretary John W. Snow immediately welcomed the decision as, ‘good news for China and ...

With great size comes great economy of scale. However, large countries tend to suffer when they have to transform economically, because most workers who wish to participate in a large country's ...

Chartered Institute of Bankers of Nigeria (CIBN), Lagos branch, has recommended a “managed” floating of the naira. Its Chairman, Mr. Adeyemo Adeoye, said free the floating model could be abused by ...

Nigeria’s prevailing structural challenges have created a disequilibrium that makes floating naira unviable, Finance and economy experts have argued. The depreciation of the local currency against the ...