Inflation also affects exchange rates, as it can lead to currency devaluation. High inflation can cause a currency to depreciate in value, while low inflation can make a currency more attractive ...

Governments, particularly in developing economies, have historically resorted to inflation and currency devaluation as instruments to manage economic challenges, often masking deeper structural ...

Cuba said late on Thursday it would start its long-awaited monetary reform in January, eliminating its dual currency and labyrinthine multiple exchange rate system in a bid to improve business ...

Investing.com -- The Argentine peso experienced a slight weakening against the U.S. dollar in the first trading session under a new currency regime, with the official exchange rate declining over ...

The trouble with fixed exchange rates is that they are difficult to maintain. In order to keep the Hong Kong dollar worth US$0.13, the central bank of Hong Kong has to keep large reserves of U.S ...

Nigeria's central bank said on Wednesday it would begin market-driven foreign currency trading next week, abandoning its 16-month fixed exchange rate policy and setting the stage for the currency ...

Member of the House of Representatives, Olawale Raji, says pegging the United States Dollar (USD) exchange rate at N410.15 for the 2022 budget is an official devaluation of the Naira.