Growing remittance flows to emerging and developing economies may lead to real exchange rate appreciation and weaken their competitiveness. While the empirical literature finds mixed results about the ...
The Chosun Ilbo on MSN
M2 growth and exchange rate: Debunking the simple link
What I find most heartbreaking and strange lately is the story about the M2 growth rate,” said Bank of Korea Governor Rhee ...
With major central banks now cutting policy rates, the global interest rate cycle is turning. This shows how far the fight against inflation has come in many advanced economies. But with economic ...
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