Juana Lilia Delgado, the head of the Central Bank of Cuba (BCC), has announced a phased transformation of the foreign ...

Discover how central banks manage currency values through dirty floats, stabilizing economies by intervening in exchange rates to mitigate economic shocks.

India and Russia are contemplating a semi-floating rupee-ruble exchange rate, fixed monthly, to facilitate bilateral trade and reduce currency conversion costs.

The Central Bank of Cuba introduces a new floating exchange rate for foreign currencies. This was announced on December 18 by the Minister-Chairman of the Central Bank of the country Juana Lilia ...