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

The USD/RUB exchange rate was trading at 81.05 on Friday, down by almost 30% from its highest point in January. What next for ...

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 ...

Forex traders said the optimism surrounding the India-US trade talks was negated by foreign fund outflows amid a risk-off ...

Kenya’s foreign exchange reserves rose by USD 1.345 billion (KSh 174 billion) in one month to USD 12.08 billion, boosting ...

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