Currency board arrangements, under which domestic currency can be issued only to the extent that it is fully covered by the central bank's holdings of foreign exchange, were long generally dismissed ...

The worst places to exchange your money for another currency are oftentimes the most convenient, like the airport. Using your credit cards, prepaid cards or even U.S. dollars for purchases can be ...

If you're looking to exchange currency for a trip abroad, major brick-and-mortar banks or credit unions can help you get different currencies at a fair exchange rate. You won't want to visit your ...

Controversial and difficult to implement because of Bulgaria's serious structural problems, the currency board has been a crucial factor in the success of the country's latest stabilization program.

Zimbabwe is working on new measures to stabilise its local currency including linking the exchange rate to hard assets such as gold and creating a currency board, Finance Minister Mthuli Ncube ...