Using the FEER approach we investigate the long-run equilibrium paths of the real effective exchange rates (REERs) of countries in the West African Economic and Monetary Union (WAEMU). In an attempt ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper proposes a network model of multilaterally equilibrium exchange rates. The model introduces a topological ...

If you’ve studied economics or spent any time trading in the financial markets, then you’re probably already well aware of the terms supply and demand. In the forex market, the interplay of these ...

This paper analyzes an exchange economy in which several assets serve as stores of value and where agents have completely heterogeneous preferences and endowments. It describes the set of perfect ...

Piper, Thomas R. "Exchange Rate Determination and Foreign Exchange Equilibrium Conditions, Study Note." Harvard Business School Background Note 282-052, January 1982.

Many governments have intervened in foreign exchange markets to try to dampen volatility and to slow or reverse currency movements. Their concern is that excessive short-term volatility and ...

BRUSSELS (Reuters) - Euro zone finance ministers will discuss the euro's exchange rate and its economic impact on May 5, but the exchange rate is near its long-term equilibrium and the discussion is ...

Ghana’s economic fortunes have long been tied to the ebb and flow of its currency- the Cedi. Over the past decade, the Real Effective Exchange Rate (REER) has traced a path of relative stability, ...

Exchange rates play a crucial role in the global economy, influencing trade, investment, and economic stability. Understanding the various measurements and regimes of exchange rates is essential for ...