The U.S.-China trade war and anti-Beijing protests in Hong Kong are testing the strength of the Hong Kong dollar’s 36-year peg to the U.S. dollar, which has helped make it an attractive market for ...

Today’s economic reality includes a world of free-floating fiat currencies, where the value of a nation’s currency is determined by supply and demand in the global foreign exchange or forex market.

IMF Article IV requires that the IMF exercise “firm surveillance” over the exchange rate policies of members. After the collapse of the Bretton Woods fixed exchange rate system, the IMF in 1977 ...

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, ...

Since the end of the gold-based fixed exchange rate system in 1971 and the transition to a floating exchange rate system, severe banking and monetary crises have plagued the world almost nonstop. The ...

There is no greater turmoil in the “Seely household” than when it comes to converting funds and trying to determine the movement of a foreign currency exchange rate. Research is done, historical ...

Tracking exchange rates is a good idea for anyone who regularly sends money transfers. When you convert money from one currency to another, the bank or specialist currency exchange provider you’re ...

In the wake of the East Asian, Russian, and Brazilian currency crises of the 1990s, a growing chorus of observers and economists (for example, Radelet and Sachs 1998, and Stiglitz 2000) has argued ...

Growing remittance flows to emerging and developing economies may lead to real exchange rate appreciation and weaken their competitiveness. While the empirical literature finds mixed results about the ...

Financial markets just sent a wakeup call to the U.S. Eleven nations in the Commonwealth of Independent States (CIS), including Ukraine, eliminated the dollar as a reserve currency. This is the most ...