A rocket scientist – he designed weapons systems for a defense contractor – once told me that monetary principles were more difficult than rocket science. The evidence supports his view: we have many ...

Discover how central banks manage currency values through dirty floats, stabilizing economies by intervening in exchange rates to mitigate economic shocks.

Juana Lilia Delgado, the head of the Central Bank of Cuba (BCC), has announced a phased transformation of the foreign ...

The Economic Issues series was inaugurated in September 1996. Its aim is to make some of the economic research being produced in the International Monetary Fund on topical issues accessible to a broad ...

India and Russia are contemplating a semi-floating rupee-ruble exchange rate, fixed monthly, to facilitate bilateral trade and reduce currency conversion costs.

One of the great dividing lines in the bond market is between fixed-rate and floating-rate debt. This difference has become especially stark since 2022, as the rise in short-term interest rates ...

Fixed vs Floating Interest Rate: When you take a home loan, generally you have to decide between a floating or a fixed rate of interest home loan. Let me explain it in simple language so you know ...

I am currently evaluating various home loan options and need a clear understanding of the differences between fixed, floating, and hybrid interest rate regimes, along with their long-term implications ...

The Economic Issues series was inaugurated in September 1996. Its aim is to make some of the economic research being produced in the International Monetary Fund on topical issues accessible to a broad ...