Learn how overshooting impacts exchange rate volatility and why Dornbusch’s model is pivotal in explaining the short-term departure from price equilibrium.
The Chosun Ilbo on MSN
Exchange rate drives 19-month high in import prices
The exchange rate of the Korean won against the dollar has remained at a high level, leading import prices to record their highest month-on-month increase in 19 months last month. According to the ...
Cuban actor Luis Alberto García Novoa has openly criticized the recent changes to the currency exchange market in Cuba.
The Central Bank of Cuba (BCC) admitted on Wednesday that the newly established official exchange rate "is not what many ...
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