The first EGA bill had been presented as a calculated and desperate risk; the second with an air of “you can’t afford to quit now.” Last week EC Administrator Paul Hoffman could point to a ...

Despite its importance, foreign exchange often remains an overlooked aspect of business strategy. Understanding how to ...

The global financial crisis has exposed a weakness in the international monetary (non-)system. Desired levels of currency reserves in emerging markets have jumped over the past decade. The dollar ...

When a country imports more than it exports, it has a "trade deficit." Trade deficits can cause foreign exchange shortages. Without foreign exchange, businesses and governments can't pay the bills ...

Taiwan runs a large trade surplus with the United States, which surged 83% last year, with the island's exports to the U.S.

Currency board arrangements may be coming back into fashion. What recent successes have countries had with currency boards and in what circumstances are they most likely to be effective? Currency ...

The foreign exchange market is the most actively traded market in the world, with trillions of dollars in currencies changing hands each day. Foreign exchange markets exist in major cities around ...

He said the decline had a potential impact on foreign exchange stability and the depreciation of the ... and this is causing a currency substitution problem,” he said. Professor Quartey also expressed ...

Not all credit cards are a good choice for traveling abroad, as some charge a fee for purchases made in a foreign country or currency. Known as foreign transaction fees, these charges can ...