Fluctuations in exchange rates on forex markets are often caused by changes in supply and demand for currencies, typically by companies repatriating their earnings, investors exchanging a ...

A nation can turn to its foreign exchange reserves in case of emergencies, such as meeting deadlines on overseas debt payments. Foreign exchange reserves are a nation’s holdings of other ...

A cross-currency swap is a financial contract where two entities exchange an equivalent amount of principal in different currencies. Then each entity makes interest payments on the currency they ...

Today’s system of exchange rates act as the lynchpin of the age of globalisation, but the road to that system has been tumultuous, shaped by a series of mistrials In 1944, a mechanism for fixed ...