Argentina’s central bank will alter its exchange rate scheme and speed the rebuilding of its hard currency reserves, as ...

Iran’s rial currency has hit a new record low of over 1.3 million to the U.S. dollar, deepening its collapse amid sanctions ...

The government announced on the 18th a plan to flexibly adjust foreign exchange soundness systems, including easing forward exchange position limits for domestic subsidiaries of foreign banks and ...

For example, if a country had a regular gold-based currency today, then the value of the currency would be fixed to gold. In ...

Interest rates play a critical role in shaping the values of different currencies. Central banks worldwide utilize interest rates as a monetary policy tool to manage their economies, making it ...

China’s renminbi is lagging the currencies of key trading partners, making Chinese goods and services cheap and helping to ...

Sarah Chandler is a long-time contributing author to several Lonely Planet titles. She is also a speaker and communications consultant. Yarilet Perez is an experienced multimedia journalist and ...