Meeting in Mexico City in November 2012, the Group of Twenty finance ministers and central bank governors declared that “the weak pace of global growth also reflects limited progress towards ...
This resulted in a shift from soft pegs—the use of pegged but adjustable rates—toward either a hard peg or a free floating regime. In his popular 2001 essay on "Exchange Rate Regimes: Is the Bipolar ...
Africa’s largest economy has finally floated its fixed currency exchange rate for the first time in history. The freeing of the Nigerian naira after months of policy debates saw the currency ...