A flexible exchange rate system would give Argentina more control over its monetary policy, enabling it to adjust to external shocks and fluctuations in global markets more effectively.

The Naira's value has improved significantly against the US dollar, British pound, and euro in the parallel foreign exchange market, also known as the black market.

At a weekend meeting, member nations of the Group of Seven -- comprised of the world's wealthiest industrial countries -- call for greater flexibility in foreign exchange rates. The G-7 says Japan ...

What followed was an era of flexible, unstable exchange rates—what the great French economist Jacques de Larosière terms an “ anti-system ”—in which the advanced economies experienced a ...

Nigeria’s naira plunged the most in almost four months to an unprecedented level in the official market as the West African nation’s move to a more flexible exchange rate puts pressure on the ...

CAIRO (Reuters) - Egypt's decision to make the exchange rate more flexible will return the central bank to the managed float in use before the 2011 uprising sent foreign investors and tourists ...

Japanese authorities are committed to a flexible exchange rate, which acts as a shock absorber and supports the Bank of Japan's monetary policy objective, a senior International Monetary Fund (IMF ...

Our principles for foreign exchange intervention, or FXI, detail when it may help countries with floating exchange rates—in other words where the exchange rate is otherwise predominantly determined by ...

It is a given in polite economic society that China should move toward a more flexible exchange rate regime. The IMF says so, and the U.S. Treasury has often echoed this point – though more ...

Economists and bankers have welcomed the Central Bank of Egypt's decision to adopt a more flexible exchange rate policy after a sharp devaluation of the Egyptian Pound as much-needed measures to ...

Milton friedman, a Nobel-prizewinning economist, was an early fan of floating currencies. The case for flexible exchange rates, he once pointed out, is the same as the argument for daylight-saving ...

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, ...