Explore the distinction between quantitative easing and currency manipulation, two different financial strategies impacting ...

We offer a unifying empirical model of covered and uncovered currency premia, interest rates and spot and forward exchange rates, both in the cross section and time series of currencies. We find that ...

Under dominant-currency pricing—where many export prices are set in dollars—the real exchange rate allocates export windfalls ...

Featured Partners What is Wise? Wise was set up in 2011 as a more innovative and cost-effective way to send money across borders. It aims ...