Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. There is little doubt that China rather actively managed its currency in 2023. For ...

Mihaela Papa previously received funding for BRICS research from Minerva Research Initiative federal grant. She is affiliated with the Carnegie Council for Ethics in International Affairs. Could a new ...

Currency risk refers to the potential for gains or losses resulting from the fluctuations between various currencies. Currency risk can affect everyone from multinational companies to governments, to ...

"Funny money” continues to impact the world's economy. The U.S. dollar is perhaps the most recognized in the world, accepted nearly everywhere and viewed as one of the most reliable, stable currencies ...

Investors would not be to blame for detesting the international sleeve of their portfolios over the past decade. Coming out of the global financial crisis in 2009, the U.S. equity market has easily ...

The rise of China as an economic powerhouse in global trade in recent decades has sparked concerns about the long-term status of the U.S. dollar as the world’s primary reserve currency, which it has ...

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When traveling abroad, savvy travelers shop around for the best deals on flights and accommodations. But mapping out an efficient plan to exchange currency can also lead to significant savings on your ...

Don't use your debit card to pay for anything but ATM withdrawals. Both cash and credit are useful for different transactions. You can get foreign currency from your bank, a currency exchange kiosk or ...

The BRICS bloc, a group of developing countries seen as seeking to counter the United States and the West, agreed at a summit last week to admit six new countries -- Argentina, Egypt, Ethiopia, Iran, ...