Discover how a nation's balance of payments can affect its currency's exchange rate and the dynamics of its relationship in ...

Discover how exchange rates influence the economy, affecting job markets, inflation, and costs of goods. Learn about their indirect impacts on everyday life.

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 ...

Banks typically provide better exchange rates compared to airport kiosks or tourist areas. Understanding fees, spreads and ...

Currency exchange is a common necessity for travelers, international shoppers and anyone conducting business overseas.

This paper estimates, for the first time, the exchange rate elasticity of bilateral trade in services, providing indirect evidence of both producer currency pricing and dominant currency pricing in ...