Industrial countries—with the notable exception of EMS members in their arrangements with each other—have traditionally favored more flexible exchange rate arrangements in the post-Bretton Woods era, ...

However, today I would like to examine a somewhat different issue, one that is at the other end of the spectrum; namely, How is the international system of flexible exchange rates working these days?

In light of these changes, should they also consider making their exchange rate policies more flexible? At present, exchange rate regimes in the region include a currency board (Djibouti), variants of ...

This framework is meant to facilitate the effective operation of the existing crawling peg exchange rate system while laying the groundwork for a transition to a more flexible exchange rate regime ...

After a nudge from the International Monetary Fund, the central bank ditched the crawling peg exchange rate regime for a more flexible approach. It may sound promising. Not quite. For all latest ...