An analysis has shown that the real value of the Japanese yen last month fell to its lowest level since Japan adopted a floating exchange rate system in 1973, dropping to one-third of its peak level ...

The exchange rate of a nation's currency is one of the most important determinants of its state of economic health. Find out ...

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 ...

The Nigeria Customs Service (NCS) has pushed back against allegations that it was applying inflated exchange rates when calculating import duties, insisting that all foreign exchange figures used in ...

Discover how clean float exchange rates work, their benefits, and limits. Learn how supply and demand shape currency value without government interference.

The Nigeria Customs has clarified the exchange rate application in customs validation. In a statement by the National Public Relations Officer of Customs, ...

HONG KONG/SHANGHAI, Jan 9 (Reuters) - Hong Kong has no intention and sees no need to change the system that pegs the city's currency in a tight band to the U.S. dollar and has the ability to defend it ...

MUMBAI, Feb 27 (Reuters) - The International Monetary Fund retained its classification of India's "de facto" exchange rate regime as "stabilised" for the period of December 2022 to November 2024 after ...

Mkpoikana UdomaPort Harcourt — The Nigeria Customs Service, NCS, has moved to quell concerns over foreign exchange rates used for cargo valuation, stating unequivocally that it does not determine or ...

The Nigeria Customs Service clarifies it does not fix forex rates. All rates for import valuation are officially set and ...