Daily bank exchange rates for banks operating in Nigeria; GTBank, Stanbic IBTC, Zenith Bank, Access Bank, UBA, Ecobank, FCMB, First Bank
and L. Schembri, 2000, "The Exchange Rate, Productivity and the Standard of Living," Bank of Canada Review, Winter 1999-2000, 17-28.Lafrance, R. and Schembri, L.L. (2000) "The Exchange Rate, Productivity, and the Standard of Living." Bank of Canada Review (Winter 1999- 2000), ...
An exchange rate regime in which the exchange rate is fixed to the base currency, such as the US dollar, and the entire amount of domestic currency in circulation is backed up by the central bank's base currency reserves. From:The Evidence and Impact of Financial Globalization,2013 ...
The estimation results point that the uncertainty of the exchange rate has a significant and positive effect on inflation. We also show that effect of exchange rate uncertainty on inflation is nonlinear. As the exchange rate uncertainty increases, the size of its effect on inflation decreases. ...
Philippines' brief experiment with the gold standard, which would not again be attempted until the American Colonial Period. The Peso Fuerte was also a unit of exchange equivalent to 1.69 grams of gold, 0.875 fine (0.0476 XAU), equivalent to ₱2,741.12 modern pesos of as of June 9, 2010...
The paper builds a GARCH-based measure of real-exchange-rate volatility and finds that it has a strong negative effect on investment, after controlling for other standard investment determinants and taking into account their potential endogeneity. The effect of uncertainty is not uniform, however. ...
As a result, exchange rates, based on the CPI, rise in countries with rapid economic development. In contrast, they depreciate in low-growth countries (Balassa 1964; Samuelson 1964). The lack of consensus on this issue has fueled our interest in analyzing the nature of the impact of ...
Among other results, stabilization policies in the recession imply fiscal tightening for the Czech Republic and Romania, higher money supply for the Czech Republic and Poland, and lower central bank reference rate for Hungary. Keywords: exchange rate volatility; currency misalignment; business cycle; ...
Foreign exchange: Rate changes can affect the value of the U.S. dollar relative to other currencies, impacting international trade and investment. Government finance: The rate influences the cost of government borrowing and can affect budget deficits. ...
Exchange rate stabilization or currency "pegs" are among the most prevalent interventions in international financial markets. Removing a peg to a safer currency can make the home currency more risky and less attractive to investors. When a country with market influence removes its peg from a safer...