Former National Bank Council Chairman Bohdan Danylyshyn believes that continuing the currency liberalization policy in the face of a structural currency deficit leads to additional hyped demand for ...
A loss of confidence could trigger reversals of capital flows and, in their wake, balance of payments difficulties and currency and banking crises. Capital account liberalization is not an ...
The gradual recovery in Tanzania's exports led to a steady relaxation of foreign exchange constraints and facilitated the liberalization of imports. An important step was the 1988 rationalization of ...
Syria's central bank has received a shipment of currency printed in Russia during Bashar al-Assad's rule, to combat liquidity ...
PETALING JAYA: Bank Negara’s latest liberalisation of foreign exchange (forex) rules is aimed at helping to ease trade transactions and does not mean that the ringgit has been internationalised.
The tariffs that President Donald Trump has announced against three of the United States’ biggest trading partners—Canada, ...
An unofficially imposed mechanism has upset the foreign exchange market, undermining the intent of liberalisation. After a nudge from the International Monetary Fund, the central bank ditched the ...