The report, titled “Exchange Rate Pass-Through to Domestic Prices in Nigeria: An Empirical Investigation”, was published by the Central Bank of Nigeria (CBN) in the Economic and Financial Review. The ...

Swaps are derivative contracts between two parties that involve the exchange of cash flows. One counterparty agrees to receive one set of cash flows while paying the other another set of cash flows.

A version of this story appeared in the daily Threat Status newsletter from The Washington Times. Click here to receive Threat Status delivered directly to your inbox each weekday. A version of this ...

Argentina will have a floating exchange rate “pretty soon” as its current trading band widens, according to President Javier Milei’s deregulation czar. “The bands are opening up as we move along, ...

Bangladesh’s central bank is considering a crawling peg system for its currency, backtracking on an earlier pledge to allow the exchange rate to float freely. The plan isn’t final yet and Bangladesh ...