Under dominant-currency pricing—where many export prices are set in dollars—the real exchange rate allocates export windfalls between producers and consumers. When the real exchange rate is stable, ...

It is a very tough exercise for our central bank to arrive at an optimal exchange rate and interest rate and, more importantly, ensure adequate liquidity in the market for credit creation without ...

REER is calculated against a basket of major trading partners’ currencies and adjusted for relative inflation and NEER is defined as weighted average of the rupee value relative to a basket of major ...

An analysis has shown that the real value of the Japanese yen last month fell to its lowest level since Japan adopted a floating exchange rate system in 1973, dropping to one-third of its peak level ...

The Nigeria Customs Service (NCS) has clarified that it does not determine or alter foreign exchange (FX) rates used for import and export valuation.

The real value of the Korean won rebounded for the first time in seven months last month. According to the Bank of Korea and ...