MAINTAINING low inflation and a floating ... policies, affect a country's trade balance and influence the competitiveness of domestic businesses, the BSP added. Even if exchange rates are used ...

A PERENNIAL question in international economics—whether in academia or in policy circles—concerns the optimal choice of exchange ... that affect growth). Pegged exchange rate regimes are associated ...

Under all exchange rate regimes other than absolutely free floating, ancillary policy to affect the foreign exchange market through official intervention and controls merits attention. The key point ...