A currency board is an extreme form of a pegged exchange rate. Management of the exchange rate and the money supply are taken away from the nation's central bank, if it has one. In addition to a ...

Solid evidence flies in the face of his assertions. The first currency board was established in Mauritius in 1849. At their peak, there were over 70 currency boards. Since 1849, there have been ...

To solve this problem at its root, Zimbabwe has two main options, namely cash dollarisation (forced onto the economy by the market) or to adopt a currency board. This paper proposes that a ...

One suggestion that has been proffered relates to establishing a currency board. This is basically a very simple, strictly rule-bound institution for supplying an economy with a domestic currency.

HARARE, Feb 12 (Reuters) - Zimbabwe is working on new measures to stabilise its local currency including linking the exchange rate to hard assets such as gold and creating a currency board ...

Board Member Dr. Isaac Adongo – who suggested suspending over-the-counter foreign currency withdrawals, the Ghana Association of Bankers (GAB) has indicated that banks have not received any official ...

On July 1, 1997, Bulgaria implemented a currency board system, known as the "currency board," in response to a severe economic crisis marked by hyperinflation and widespread social unrest.

He emphasized that changing the currency board could be done with a simple majority in the National Assembly, making it a real risk that could make the population poorer. Gledachev criticized the ...