Interest rates play a critical role in shaping the values of different currencies. Central banks worldwide utilize interest rates as a monetary policy tool to manage their economies, making it ...

Penny Pryor has more than two decades experience writing, reporting and editing financial services publications. She has contributed to, and edited, the Money Section of the Sun Herald and The Sunday ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation We offer a unifying empirical model of covered and uncovered currency premia, interest rates and spot and forward exchange ...

Ordering currency from your bank before you travel is almost always better than using the airport currency exchange. Many or all of the products on this page are from partners who compensate us when ...

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Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper develops a new approach for exploring the effectiveness of foreign currency intervention, focusing on real ...