ON SUNDAY, September 18, 1949, the British Chancellor of the Exchequer, Sir Stafford Cripps, announced over the air, in effect, that the pound was henceforth to be worth $2.80 instead of $4.03, a ...

Shockwaves from China’s yuan devaluation will be felt by all kinds of investors, and will likely prompt questions from U.S. politicians. Heard on the Street’s Aaron Back and Abheek Bhattacharya ...

The CFA franc, used by 14 African countries, was created in 1945 by a decree signed by Charles de Gaulle [EPA] Three weeks ago, a rumour emerged that the CFA franc – two closely-related currencies ...