Although inflation receded last month, an escalating trade war threatens to cause prices to rise on a wide range of consumer ...
Central Bank of Nigeria (CBN) has implemented policy corrections, market liberalisation, and enhanced transparency to address exchange ...
The apex bank fixes the rate in line with the prevailing exchange rate. However, experts have advocated for a monthly or ...
The value of the Hong Kong dollar, on the other hand, is pegged at a fixed exchange rate to the U.S. dollar. The following are some of the main factors that can affect various currencies ...
Second, it classifies exchange rate regimes in more detail than the traditional dichotomy between fixed and floating exchange rates. Third, it distinguishes between the central banks' declared ...
Fixed-rate annuities act much like bank certificates ... term or reinvest the entire amount in a new annuity via a 1035 exchange and continue to defer taxes. On the other hand, CD interest is ...