But because countries no longer are obligated to peg their exchange rates in a system overseen by the IMF, they need a sound basis for selecting the regime best suited to their needs—be it fixed, ...

The apex bank fixes the rate in line with the prevailing exchange rate. However, experts have advocated for a monthly or quarterly FX rate for Customs duty.Data from the Customs trade portal shows ...

The value of the Hong Kong dollar, on the other hand, is pegged at a fixed exchange rate to the U.S. dollar. The following are some of the main factors that can affect various currencies ...

ZIMSEC continues to accept fees in the currency paid by parents or guardians, with examination centres required to remit the fees in the same currency to the council. The circular was distributed to ...

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 ...

A potential move by the Federal Reserve to ease regulations on capital for U.S. banks that would allow them to hold more Treasury securities has unleashed a torrent of so-called swap spread wideners ...

Fixed-rate annuities act much like bank certificates ... term or reinvest the entire amount in a new annuity via a 1035 exchange and continue to defer taxes. On the other hand, CD interest is ...