Discover how exchange rates influence the economy, affecting job markets, inflation, and costs of goods. Learn about their ...

Learn how exchange rate fluctuations impact businesses and discover effective strategies to manage economic exposure and safeguard profitability.

This paper addresses a key puzzle in international finance: whether exchange rates follow a random walk or exhibit predictable patterns. We demonstrate that exchange rates can possess a unit root ...

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 ...