A dollar gauge is on track for its worst performance during the first 100 days of a US presidency in data going back to the ...

The abandonment of the gold standard and ... The Bretton Woods system was abandoned in 1971, largely due to its inflexibility, thus ending the era of fixed exchange rates with currency crosses ...

including the end of currency controls and the introduction of a managed float within a fixed exchange rate band. The move marks the beginning of what authorities are calling “Phase 3” of ...

The ongoing US-China tariff tensions resemble 2019's trade war, causing market volatility and impacting global supply chains ...

Sri Lanka's central bank has added back billions of dollars of capital lost to the Employees Provident Fund in 2022 and also preserved the real value of the fund in 2023 and 2024 then by maintaining a ...

A fixed deposit (also known as a time deposit) account is a type of bank account that pays account holders a fixed amount of interest in exchange ... Standard Chartered (2.10% p.a.—min. $25,000 for 5 ...

tends to strengthen the case for a fixed-rate system. Such an exchange rate arrangement would protect the economy from the effects of potentially excessive exchange rate and money market volatility.

Among its lower remortgage rates, Barclays is offering a two-year fixed rate deal at 5.32% for borrowers with at least 15% equity in their property (85% LTV) and a five-year fixed rate priced at 4 ...

HARARE – Facing a struggling retail sector crippled by a law forcing them to use unfavorable official exchange rates, the Zimbabwean ... operate outside the tax system and trade in cheaper ...

At the parallel forex market, the naira averaged at 1,560/$ on Tuesday, having depreciated to almost 2,000/$ last year after the CBN unified the country’s forex rates in June. According to the ...

The Bank Rate cut will not affect homeowners on fixed-rate mortgages ... but most people will still find their standard of living is way below where it was before the pandemic.” ...

What is crucial, however, is that the conversion rates of the national currencies in the monetary union are now irrevocably fixed ... the system had been effectively pegged to the German mark since ...