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  2. 2024 Ethiopian foreign exchange rate policy - Wikipedia

    en.wikipedia.org/wiki/2024_Ethiopian_foreign...

    On 1 August, the government ordered the shutdown of dozens of businesses due to surging prices of basic commodities in Addis Ababa. Addis Ababa City Trade Bureau spokesperson Sewnet Ayele said, "the businesses were caught making unreasonable price increases, mostly on food items. The stocks were imported before the new exchange rate."

  3. List of countries by exchange rate regime - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...

  4. Exchange rate - Wikipedia

    en.wikipedia.org/wiki/Exchange_rate

    The real exchange rate (RER) is the purchasing power of a currency relative to another at current exchange rates and prices. It is the ratio of the number of units of a given country's currency necessary to buy a market basket of goods in the other country, after acquiring the other country's currency in the foreign exchange market, to the ...

  5. How are currency exchange rates determined? - AOL

    www.aol.com/currency-exchange-rates-determined...

    An exchange rate is how much of a given nation’s currency you can buy with a different nation’s currency. If you purchase foreign goods or travel abroad, you may need to convert your currency ...

  6. Exchange rate regime - Wikipedia

    en.wikipedia.org/wiki/Exchange_rate_regime

    An exchange rate regime is a way a monetary authority of a country or currency union manages the currency about other currencies and the foreign exchange market.It is closely related to monetary policy and the two are generally dependent on many of the same factors, such as economic scale and openness, inflation rate, the elasticity of the labor market, financial market development, and ...

  7. Foreign exchange spot - Wikipedia

    en.wikipedia.org/wiki/Foreign_exchange_spot

    The exchange rate at which the transaction is done is called the spot exchange rate. As of 2010, the average daily turnover of global FX spot transactions reached nearly US$1.5 trillion, counting 37.4% of all foreign exchange transactions. [ 1 ]

  8. Floating exchange rate - Wikipedia

    en.wikipedia.org/wiki/Floating_exchange_rate

    The debate of choosing between fixed and floating exchange rate methods is formalized by the Mundell–Fleming model, which argues that an economy (or the government) cannot simultaneously maintain a fixed exchange rate, free capital movement, and an independent monetary policy. It must choose any two for control and leave the other to market ...

  9. Neutral unit of construction - Wikipedia

    en.wikipedia.org/wiki/Neutral_Unit_of_Construction

    The neutral unit of construction or neutral unit of currency (code: NUC) is a private currency used by the airline industry, [1] to record fare calculation information. [2] A set of exchange rates is issued by the International Air Transport Association (IATA) every month. [3]

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