Exchange Rates
June 21, 2023
A look at the causes of movements in exchange rates, and the consequences of a strong U.S. dollar domestically and internationally.
June 21, 2023
A look at the causes of movements in exchange rates, and the consequences of a strong U.S. dollar domestically and internationally.
October 19, 2022
The dollar is at a 20-year high relative to many currencies. This appreciation is viewed as a major challenge for most countries, especially emerging markets.
June 1, 2022
The dollar’s value against six major currencies reached a 20-year high in mid-May. How has the war in Ukraine contributed to the rise? What are the implications?
August 5, 2019
A strong dollar makes U.S. goods more expensive in foreign markets while making it more difficult for U.S. producers to compete with cheap imports.
May 6, 2019
China moved from an exchange rate regime in which the yuan was pegged to the U.S. dollar to one in which the relationship between the currencies was looser. But the transformation has been bumpy.
August 22, 2018
The Turkish lira lost 40% of its value since the start of 2018. Conditions for the crisis are homegrown, but a political fight with the U.S. have made it worse.
September 29, 2017
The size of global current account surpluses and deficits decreased in the wake of the Great Recession but has since rebounded, albeit not to the same extent.
June 2, 2017
The US dollar got stronger in the wake of the 2016 election. But the dollar has since declined in value. As has the interest rate on 10-year Treasury Bills.
March 20, 2017
Proposed economic policies are likely to hurt agriculture by depressing the prices received by farmers, reducing agricultural exports, and raising production costs.