Learn how overshooting impacts exchange rate volatility and why Dornbusch’s model is pivotal in explaining the short-term departure from price equilibrium.
Discover how the equation of exchange links money supply, velocity of money, and price levels, influencing inflation and economic activity. Learn key formulas and impacts.
The Cuban Central Bank (BCC) sets an official exchange rate as a benchmark for the currency market, yet banks, CADECA, and other financial entities ...
Cuban economist Pedro Monreal has delivered a sharp critique of the Cuban government's newly implemented exchange rate ...