The move is aimed at giving the economy greater protection from external shocks, with central bank officials saying it will preserve competitiveness and that it has sufficient foreign exchange ...

Economists and bankers have welcomed the Central Bank of Egypt's decision to adopt a more flexible exchange rate policy after a sharp devaluation of the Egyptian Pound as much-needed measures to ...

This paper assesses the stabilization properties of fixed versus flexible exchange rate regimes and aims to answer this research question: Does greater exchange rate flexibility help an economy’s ...

Analysts at the Afrinvest west Africa have predicted the Central Bank of Nigeria (CBN) will in the next five years, retain the currency fixed exchange and allow gap between official and market-led ...

DUBAI (Reuters) - Morocco's introduction of a more flexible exchange-rate system from Monday could result in only a slight depreciation in the short term, analysts and bankers said, but the dirham ...