The foreign exchange rate, often abbreviated as “forex” or “F.X.,” is a fundamental concept in international finance and trade. It plays a pivotal role in the global economy and impacts individuals, ...

Exchange rates play a crucial role in the global economy, influencing trade, investment, and economic stability. Understanding the various measurements and regimes of exchange rates is essential for ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. There are, broadly speaking, two competing theories that help to explain why ...

By Ali Ousat Foreign exchange is a strategic lifeline that links Pakistan to the global economy. From remittances sent by ...

CARACAS (Reuters) - Venezuela will make its foreign currency system more flexible by reviving a stalled dollar auction scheme in July and after that allowing a revival of a free-floating secondary ...

The worsening KRW-USD exchange rate has prompted the easing of regulations on foreign currency soundness to stabilize supply and demand for foreign currency. The Ministry of Economy and Finance, ...

CAIRO (Reuters) - Egypt's decision to make the exchange rate more flexible will return the central bank to the managed float in use before the 2011 uprising sent foreign investors and tourists packing ...

The Central Bank of Nigeria (CBN) yesterday unified all exchange rates within the economy into the Investors and Exporters (I&E) window. In a circular to authorised dealers signed by CBN Director, ...

THE European money crisis only dramatized what many experts have long regarded as an unassailable dictum: the free world’s monetary system is overdue for an overhaul. That system—the internationally ...

Historical exchange rates can be used to analyze trends in foreign and domestic currency over time. They can also be used to identify periods of change, compare the history of different currencies and ...

“Managing the dollar is the most important job no one in Washington is doing these days,” Joseph Sternberg laments (“Foreign Exchange, the Job the Federal Reserve Won’t Do,” Political Economics, June ...

A policy shift designed to improve remittance inflow and foreign exchange (FX) liquidity within the official market was yesterday announced by the Central Bank of Nigeria (CBN). The adjustment allows ...