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, ...

In terms of their impact on the international trading and monetary system, Donald Trump’s reciprocal tariffs are comparable ...

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 ...