Discover how exchange rates influence the economy, affecting job markets, inflation, and costs of goods. Learn about their ...

What I find most heartbreaking and strange lately is the story about the M2 growth rate,” said Bank of Korea Governor Rhee ...

The 1990s saw a frenzy for samurai bonds in global financial markets. The popularity of these bonds, issued in yen by foreign governments and corporations in Japan, stemmed from Japan’s unique ...

Learn how exchange rate fluctuations impact businesses and discover effective strategies to manage economic exposure and safeguard profitability.

Growing remittance flows to emerging and developing economies may lead to real exchange rate appreciation and weaken their competitiveness. While the empirical literature finds mixed results about the ...

We offer a unifying empirical model of covered and uncovered currency premia, interest rates and spot and forward exchange rates, both in the cross section and time series of currencies. We find that ...

We recently published a leader and briefing in which we argued that Taiwan’s weak-currency policy is punishing consumers and storing up financial risk. The central bank, known as the CBC, has written ...