As society’s structure and organization became more complex over time, the need for an evolving monetary system arose from the limitations of barter. Barter is not suitable as a means to exchange ...

The Naira continues to trade under pressure against the United States Dollar, British Pound, and Euro. For individuals and businesses alike, keeping an eye on the daily exchange rate has become ...

The U.S. current account deficit has been growing for several years, as the country has been importing increasingly more than it has been exporting. In 1992, the current account deficit was 0.8% of ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation We estimate how the rate of pass-through from the exchange rate to domestic prices varies across states of the economy and ...

With major central banks now cutting policy rates, the global interest rate cycle is turning. This shows how far the fight against inflation has come in many advanced economies. But with economic ...

Ten of Costa Rica’s leading business chambers have sent a joint letter to the Central Bank calling for an immediate adjustment to the country’s monetary policy. They argue that the persistently low ...