This paper provides novel estimations of a non-linear exchange rate pass-through dependent on inflation for Sweden …-through from an exchange rate depreciation shock to consumer prices depends on the level of inflation, reaching 17.4% in the high … periods of both low and high inflation, as well as substantial exchange rate depreciations. The pass-through is also estimated …

Can fixed exchange rate regimes cause output divergence among member states? We show that such divergence is a long …

We analyze drivers of the EUR/CHF exchange rate in different regimes between 2000 and 2020. Structural breaks between …. Overall, the main drivers of the exchange rate include European equity and volatility indices, interest rate and term … addition to the observed exchange rate we also analyze the drivers of the latent exchange rate that could have been observed in …

As of the last working day of the year 2022 (30th December 2022), the official exchange rate against the US dollar (USD …) was 448, while the naira USD exchange rate at the black market traded at 748—a premium of 300. The dollar had already …. Given the continuous depreciation of the naira exchange rate against the USD, caused by a scarcity of foreign exchange …

We employ a threshold vector error correction model approach to investigate the impact of China's exchange rate … reform, price power over the RMB exchange rate changed from the onshore to the offshore market, in which the CNH … significantly leads the CNY, and the CNY ceased to lead the CNH. Since the reform, the PBoC has faced a trilemma of exchange rate …

In this study, we examine the connectedness of exchange rate uncertainty and inflation. In an economy with a flexible … exchange rate, price rigidities can lead importers to carry exchange rate risk and they impose a premium for the risk they face … by increasing consumer prices. This pricing behavior provides a channel between exchange rate uncertainty and overall …