What It Is, How It Works, History
What Is a Floating Exchange Rate? A floating exchange rate is a regime where the currency price of a nation...
Johnwick
Stock market today: Asian shares fall, tracking a decline on Wall St on fears rates may stay high
Shares fell in Asia on Thursday after a decline on Wall Street, where strong economic data revived worries that the...
Asian Currency Authorities Aim to Halt Declines Against Strengthening US Dollar
A surging U.S. dollar has raised concerns among Asian monetary authorities, though it's not clear any warnings to intervene in...
Why a strong U.S. dollar is a mostly bad news for other economies
Ever since the Federal Reserve started raising interest rates to beat back inflation, the U.S. dollar has been on something...
Stock market today: Asian markets are mostly lower as oil prices push higher
Shares were mostly lower in Asia on Wednesday after a decline on Wall Street as traders returned from a long...
Mexican peso soars, making US dollar remittances worth less
SAN BARTOLOMÉ QUIALANA, Mexico — Pedro Sánchez Martínez has spent decades as a contractor building houses for his neighbors in...
US dollar fights to defend role as global currency
The de-dollarization of the world economy has been thrust back into the spotlight with the BRICS summit, which took place...
Indian rupee can become global reserve currency. But Modi govt must bring reforms for that
India, with its burgeoning economic power, will be a pivotal actor in determining the future of the global monetary system....
Why Is the Forex Market Open 24 Hours a Day?
The forex market is open 24 hours a day, five days a week, because the forex exchanges in North America,...
De-dollarization: The end of dollar dominance?
De-dollarization could reduce institutional, investor and corporate demand for the dollar over time, and in size could cause its value...