Under dominant-currency pricing—where many export prices are set in dollars—the real exchange rate allocates export windfalls ...

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

Purchasing Power Parity (PPP) remains a cornerstone of international economics, positing that in the long run exchange rates should adjust so that identical goods and services cost the same across ...

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 ...

MUMBAI, Nov 20 (Reuters) - The Reserve Bank of India's approach to managing the rupee's exchange rate has not had an adverse impact on the global competitiveness of the country's exports, the central ...