France’s influence in Africa is weakening, but it hasn’t disappeared. While political ties are fading, its economic grip ...

Frontier markets are well represented in investors’ allocation to USD markets, but not so much in local currencies. Click to ...

A jury has convened in London for an ancient ceremony to certify that British coins meet the strictest of standards ...

President Trump vowed to impose tariffs of up to 100 percent on countries that back a new reserve currency among the BRICS ...

Foreign currency reserves are vital to a nation’s economic well-being. Without adequate reserves, a country may be unable to pay for critical imports, such as crude oil, or service its external ...

Africa's development bank is proposing a new 'gold standard' style currency arrangement backed by critical minerals such as ...

Several countries operate without their own national currency, choosing to adopt the currency of another country for economic stability, trade, and investment. These decisions are often driven by ...

HARARE - The Reserve Bank of Zimbabwe (RBZ) has acknowledged the poor quality of its recently introduced currency, the ...

The British pound was steady within the middle of its recent range on Wednesday as investors awaited key U.S. inflation data, ...

There’s actually precedent for that. In 2020, the U.K.’s Royal Mint said it would stop producing 2p coins (as well as £2 coins) for a decade because there was an overabundance of them. The coins ...

In addition to its global acceptance for transactions, the U.S. dollar is used by other countries as an official currency in lieu of a local currency, a practice known as dollarization.

President Donald Trump has threatened BRICS countries, warning them against replacing the U.S. dollar as a reserve currency ...