This paper investigates the impact of natural disasters on exchange rate movements in different country groups with different exchange rate regimes. Using a panel local projection model with a ...

Growing remittance flows to emerging and developing economies may lead to real exchange rate appreciation and weaken their competitiveness. While the empirical literature finds mixed results about the ...

IMF Article IV requires that the IMF exercise “firm surveillance” over the exchange rate policies of members. After the collapse of the Bretton Woods fixed exchange rate system, the IMF in 1977 ...

The International Monetary Fund (IMF) has acknowledged the positive impact of the Central Bank of Nigeria (CBN)-led economic reforms in Nigeria. The declining inflation rate, naira stability, rising ...

The National Bank of Ethiopia (NBE) says it has lost 407.1 billion birr ($2.61 billion) as a result of IMF-backed foreign exchange reforms that shifted the country from a fixed to a market-based ...