Discover how the monetary conditions index (MCI), which was developed by the Bank of Canada, evaluates economic conditions using interest and exchange rates.
The real exchange rate does not usually feature in discussions on the economy. The Reserve Bank of India’s (RBI) decisions on the interest rate are eagerly awaited. The goods and services tax rates ...
Growing remittance flows to emerging and developing economies may lead to real exchange rate appreciation and weaken their competitiveness. While the empirical literature finds mixed results about the ...