Learn how sudden currency devaluation impacts economies, discover historical crises, and explore how central banks can ...

The recent collapse of the Argentine currency board raises new questions about the desirability of formal fixed exchange rate regimes in modern developing economies. This paper examines the impact of ...

When managing your investment portfolio, there are different types of risk that need to be factored in. Currency risk, which is risk associated with fluctuations in currency values, is one of them. It ...

This Economic Letter is based on a presentation Mark Spiegel prepared for a panel on “Optimal Currency Arrangements for Emerging Market Economies: The Experience of Latin America and Asia,” organized ...