While multiple exchange rates are easier to implement, some economists argue that implementing tariffs and taxes would be more effective and transparent. Dual vs. Multiple Exchange Rate System ...

Do know what the exchange rate is worth: You need to know what your money is worth in another country. For example, suppose you're traveling from the U.S. to Japan and need to exchange U.S ...

Despite the Fed holding rates steady, banks aren't bound by this and could opt to raise borrowing rates to ensure they still get their money even in times of economic hardship. Your credit score.

Why would a country choose to implement dual or multiple exchange rates? It’s risky, but it can work. ... Dual and Multiple Exchange Rates: What You Need to Know. By. Reem Heakal.