The central bank governor expected the 'managed exchange rate' to be around the existing rate due to available dollar liquidity.

It looks at why so many countries have made a transition from fixed or "pegged" exchange rates to "managed floating" currencies. It discusses how economics perform under different exchange rate ...

The UAE Dirham (AED) continues to trade steadily at 76.44 Pakistani Rupees (PKR) in the open market, reflecting a period of stability supported by robust remittance inflows and economic steadiness in ...

The financial participation and confidence of Moroccan expatriates will play a critical role in ensuring the reform's success ...

Some, indeed, managed to do both: countries in the euro bloc have ... countries as they became more financially integrated—should adopt freely floating exchange rates. But in practice, few central ...

China used to maintain a dollar peg as well, but it now uses a managed floating exchange rate policy relative to a basket of currencies instead. A few African countries like Djibouti and Eritrea ...

In 2023, the IMF had approved a $ 4.7-billion loan for Bangladesh and so far, the country has received three installments totaling $2.3 billion.

INR operates under a managed floating exchange rate system, where its value is determined by market forces but regulated by the Reserve Bank of India (RBI) to prevent excess volatility.

The Horn of Africa country has had a managed floating exchange rate system that’s caused a shortage of dollars critical for imports and the repatriation of profits for foreign investors.