Korea Zinc’s first step in its U.S. smelter project—a 2.8 trillion won paid-in capital increase—has sparked an unexpected exchange rate dispute. Korea Zinc conducted a third-party allotment paid-in ...
Nigeria’s public debt is projected to rise to 34.68 per cent of Gross Domestic Product (GDP) by the end of 2026, with the trajectory expected to remain sustainable amid improved exchange rate ...
Bank of Korea Governor Rhee Chang-yong recently reiterated the need to reassess the role of the National Pension Service in addressing persistent high exchange rate issues. In his New Year’s address ...
We offer a unifying empirical model of covered and uncovered currency premia, interest rates and spot and forward exchange rates, both in the cross section and time series of currencies. We find that ...