Exchange rates show the cost of trading one currency for another. High domestic interest rates can increase a currency's value by attracting investors. Political unrest or economic instability can ...

This classification system is based on members' actual, de facto, arrangements as identified by IMF staff, which may differ from their officially announced arrangements. The scheme ranks exchange rate ...

Reem Heakal is a writer who became an Investopedia contributor in 2003. Her writing covers a wide array of large-scale financial topics. Erika Rasure is globally-recognized as a leading consumer ...

This brief considers the choice of an appropriate exchange rate regime—floating, managed or fixed arrangements—for individual countries in light of important changes that have taken place in the world ...