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 ...

Journal Editorial Report: The week's best and worst from Kim Strassel, Kyle Peterson and Dan Henninger. Images: CNP/Zuma Press/Shutterstock/ Composite: Mark Kelly Nobel economics laureate Robert ...

Whereas the Nigerian monetary authority fixed the official exchange rate at N196 to a dollar, there is today a near 50% differential in the parallel market rate to the official rate.The fact that the ...

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

Exchange rates play a crucial role in the global economy, influencing trade, investment, and economic stability. Understanding the various measurements and regimes of exchange rates is essential for ...

A version of this story appeared in the daily Threat Status newsletter from The Washington Times. Click here to receive Threat Status delivered directly to your inbox each weekday. A version of this ...

Argentina will have a floating exchange rate “pretty soon” as its current trading band widens, according to President Javier Milei’s deregulation czar. “The bands are opening up as we move along, ...