Unexpected fees for changing currency can dent your foreign-travel budget. Find out the best places to exchange currency and ...

Put simply, exchange rates compare the value of one currency to another. They measure how much of one currency it takes to purchase a unit of another. Exchange rates are ultimately determined in ...

A quanto swap is a cross-currency derivative that allows interest rate exchanges in different currencies, settled in the same ...

The Economist takes a simpler approach. Since 1986 we have compared the price of one item, the Big Mac, across the globe. To ensure the sameness of the product across countries, we have relied on the ...

The fact that the yen has been so weak against a falling greenback is remarkable. It is doubly striking, because the gap between Japan’s low interest rates and America’s higher ones has shrunk by ...

Whether buying a croissant in Paris or haggling over souvenirs in Bali, you must know if you are getting a fair price. Here's an app that helps you convert currencies when traveling abroad, even ...

How often are exchange rates updated? 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 interest rates play a crucial role in shaping the forex market, influencing everything from currency values to trading strategies. For forex traders, understanding how interest rates impact ...

In 2024, it’s fair to say that the financial industry is beyond complex, and this is best seen in the way we simply pay for goods and services. We are no longer limited to using physical money or Visa ...

The Naira gained in official FX markets, fell in the black market at N1,487/$, while analysts expect stability amid $46.01 billion external reserves.

The CBC’s letter to the Economist was like waiving a red flag in front of a bull, especially when the regulators are rigging ...