But the 1990s also saw a spate of capital account crises in emerging market countries, with sharp reversals of capital inflows leading to collapsing currencies and underscoring the fragility of such ...

Second, it classifies exchange rate regimes in more detail than the traditional dichotomy between fixed and floating exchange rates. Third, it distinguishes between the central banks' declared ...

Since Independence, the exchange rate system in India has transited from a fixed exchange rate regime where the Indian rupee was pegged to the pound sterling on account of historic links with ...

The Jamaica Agreement abolished gold as a reserve asset and formalised the floating exchange rate system that survives to this day. Countries around the world have since chosen their own method of ...

Fixed-income exchange-traded funds (FI-ETFs) typically create and redeem the bulk of their shares in kind. In-kind transactions consist of exchanging ETF shares for baskets of bonds instead of cash.