In his letter (“Currency Board for Africa Has Two Key Limitations,” Jan. 6) responding to my “Farewell to the CFA Franc” (op-ed, Dec. 31), George Ayittey asserts that leaders in the region would never ...

I like to refer to a gold standard as a "currency board linked to gold." This accomplishes quite a few things. It helps people throw out their old misconceptions and look at things from a new ...

Venezuela’s currency, the bolivar, has tanked. Just take a look at the ugly chart below. Thanks to the collapse of the bolivar, Venezuela has earned the dreadful distinction of being the world’s only ...

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those ...

More than 30 years after playing a key role in the creation of Hong Kong's dollar (Exchange:HKDUSD=) peg, John Greenwood reckons a currency board is still a good option for small, open economies.

Sens. Marco Rubio (R-Fla.) and Ted Cruz (R-Texas) are certainly right to take President Obama and Germany’s Chancellor Angela Merkel to task for not adopting a very much tougher line towards Russia ...

COLOMBO — The war in Ukraine has generated an economic tidal wave, which is crashing over countries near and far. Among the more far-flung is Sri Lanka, half a world away from the battlefield, where ...

The latest GDP data shows that recent optimism for Japanese economic growth was misplaced. Inflated social security costs are holding back inflation pass through via salaries to consumption. The BOJ ...

The following communication, concerning the powers of the Palestine Currency Board, has been received from Mr. Fletcher-Cooke of the United Kingdom Delegation. May I refer you to paragraph 5 of your ...

On 08 March, Sri Lanka devalued the rupee against the US dollar, entering into a floating exchange rate regime. The Central Bank of Sri Lanka had to abandon the pegged exchange rate as defending the ...

The Zimbabwe National Statistics Agency (ZimStats) recently published its monthly bulletin on the Consumer Price Index for October 2022. The office revealed that the year-on-year inflation rate for ...

Learn how currency translation converts foreign subsidiaries' financial results into a parent company's main currency, ...