From Maneged to (More) Market: Exchnage Rate Pass-Through Before and After The Gambia's 2023 Foreign Exchange Reforms
Does exchange rate depreciation pass through to consumer price inflation in The Gambia, and has this relationship changed since the Central Bank of The Gambia (CBG) introduced a new, more market-determined foreign exchange policy in December 2023? Using quarterly data from 2006Q2 to 2026Q2, we find pass-through is weak...