How does one determine whether a currency is fundamentally undervalued or overvalued? This question lies at the core of international economics and many trade disputes. George Soros had the answer ...
Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has ...
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 ...
What Is a Forward Exchange Contract (FEC)? A forward exchange contract (FEC) is an over-the-counter (OTC) agreement between two parties to exchange currencies at a set rate on a future date, commonly ...
The Central Bank of Nigeria recently announced changes to the way the country’s foreign exchange market will work. Foreign currencies can now be bought and sold at rates determined by the market – not ...
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