Financial crisis in Europe and USA originates a set of questions linked to the effectiveness of solution for its impacts. Concerning this fact the growing dynamics of five big economies, so called group as BRICS – Brazil, Russia, India, China and South Africa, comes to the front of...

The article deals with the exchange rate policy of Brazil in period 1999 – 2012. The first part informs about the global development of the system of exchange rates and shows marked differences after 2008. This global course is supported in the case of Brazil. Next part is concentrated mostly...

On 7th of November 2013 the Board of the Czech National Bank decided to start using the exchange rate CZK/EUR as an additional instrument for easing the monetary conditions in order to avoid the long-term undershooting of the inflation target. The aim of this paper is to contribute to the...