This paper investigates inconsistencies between countries' official exchange rate regime declarations (the so-called de … jure exchange rate regimes) and their actual policy (de facto exchange rate regimes). These exchange rate regime gaps … breaking commitment to their official exchange rate regime. At the same time, I also discover that the exchange rate regime …

monetary stance is expansionary if the exchange rate pass-through (ERPT) on import prices is complete, contractionary if …

Can fixed exchange rate regimes cause output divergence among member states? We show that such divergence is a long …

In this study, we examine the connectedness of exchange rate uncertainty and inflation. In an economy with a flexible … exchange rate, price rigidities can lead importers to carry exchange rate risk and they impose a premium for the risk they face … by increasing consumer prices. This pricing behavior provides a channel between exchange rate uncertainty and overall …

As of the last working day of the year 2022 (30th December 2022), the official exchange rate against the US dollar (USD …) was 448, while the naira USD exchange rate at the black market traded at 748—a premium of 300. The dollar had already …. Given the continuous depreciation of the naira exchange rate against the USD, caused by a scarcity of foreign exchange …