Whereas the Nigerian monetary authority fixed the official exchange rate at N196 to a dollar, there is today a near 50% differential in the parallel market rate to the official rate.The fact that the ...
Many economists argue that a flexible exchange rate regime is preferable to a fixed exchange rate regime because it helps to insulate the domestic economy from adverse external shocks. For example, ...
The Economic Issues series was inaugurated in September 1996. Its aim is to make some of the economic research being produced in the International Monetary Fund on topical issues accessible to a broad ...
Vol. 84, No. 2, Proceedings of a Conference on Long-Run Effects of Short-Run Stabilization Policy (1982), pp. 165-192 (28 pages) This paper deals with international effects of two types of ...
“Suspicious” transactions totaling over $3 million were sent out of Bitcoin Lightning-based exchange FixedFloat in the past 24 hours, security firm CertiK told CoinDesk in an email. “Approximately $2 ...
The Economic Issues series was inaugurated in September 1996. Its aim is to make some of the economic research being produced in the International Monetary Fund on topical issues accessible to a broad ...