Brazil's Central Bank (BCB) has sold over US$ 12.75 billion to keep the US dollar from skyrocketing. Finance Minister Fernando Haddad said that the exchange rate was “floating” but would ...

Fixed at $35 per ounce, the US dollar quickly gained traction as an international ... The Jamaica Agreement abolished gold as a reserve asset and formalised the floating exchange rate system that ...

The PBOC operates under a managed floating exchange rate system, which allows the yuan's value to fluctuate within a 2% band around a central reference rate, or midpoint. This method is designed to ...

BUENOS AIRES, April 15 (Xinhua) -- Argentina received 12 billion U.S. dollars from the International Monetary Fund (IMF) on Tuesday, the first disbursement under a new loan agreement aimed at ...

This was down from 6.5 per US dollar at the start of the year, under the floating exchange rate system. Shops began to quote prices in US dollars and refused to accept Hong Kong dollar notes.