Juana Lilia Delgado, the head of the Central Bank of Cuba (BCC), has announced a phased transformation of the foreign ...
Discover how central banks manage currency values through dirty floats, stabilizing economies by intervening in exchange rates to mitigate economic shocks.
Just a few days after its introduction, Cuba's so-called "floating" exchange rate system has already undergone its first ...
A new foreign exchange rate will take effect in Cuba starting December 18th. The president of the Central Bank of Cuba, Juana Lilia Delgado ...
The fluctuation of foreign exchange rates between your home currency and another where you have exposure can affect your financial performance. Some investment professionals encourage using foreign ...
Cutting to the chase, we find that 17.5% floating exposure acts to minimise interest rate volatility when compared with a reference of 10yr Fixed. Interest rate costs are also reduced, from 4.5% to ...
Exchange rates play a crucial role in the global economy, influencing trade, investment, and economic stability. Understanding the various measurements and regimes of exchange rates is essential for ...
The half-century since the official demise of the Bretton Woods system of fixed exchange rates has shown the benefits of what replaced it. While some may feel nostalgic for the postwar monetary system ...