Learn how floating exchange rates work, driven by forex market supply and demand, and compare with fixed rates to grasp their impact on global economies.

Financial markets just sent a wakeup call to the U.S. Eleven nations in the Commonwealth of Independent States (CIS), including Ukraine, eliminated the dollar as a reserve currency. This is the most r ...

Early morning on October 25, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD remains ...

The naira held near mid-October levels on Saturday as official market fixings remained around ₦1,460 per US$1 while the ...

The GBP/USD exchange rate remained in a tight range this week as investors focused on the recent statements by Jerome Powell ...

Ten of Costa Rica’s leading business chambers have sent a joint letter to the Central Bank calling for an immediate adjustment to the country’s monetary policy. They argue that the persistently low ...

Malawi’s central bank ruled out the need to devalue the currency because foreign-exchange inflows increased after voters ...