Even with the real’s attractive carry-to-vol profile, UBS argues that fiscal risks and the prospect of lower domestic rates will limit BRL strength. The bank keeps its USD/BRL targets unchanged at ...

The rupee's current real undervaluation is beneficial for exports, but its impact risks quick neutralization by high import ...

Was the recent decline in real interest rates driven by a diminishing natural real interest rate, or have we observed a long sequence of shocks that have pushed market rates below the equilibrium ...

ORLANDO, Florida, Sept 10 (Reuters) - The dollar has been beaten down this year as investors have priced in a resumption of the Federal Reserve's rate-cutting cycle. But even if lower nominal rates ...

This paper investigates the impact of natural disasters on exchange rate movements in different country groups with different exchange rate regimes. Using a panel local projection model with a ...