While the South African Reserve Bank refuses to acknowledge that cryptocurrency is money, it wants it treated as such for the ...

Despite global and local challenges, the naira has remained stable in recent months, thanks to the CBN's reforms and a recent ...

The value of the Nigerian currency appreciated against the United States dollar in the official foreign exchange markets and ...

Generally accepted accounting principles, or GAAP, include specific guidelines for recording foreign currency transactions. Problems can arise when currencies change value and routine business ...

ESWAR PRASAD is Senior Professor of Trade Policy in the Dyson School of Applied Economics and Management at Cornell University, a Senior Fellow at the Brookings Institution, and the author of The ...

Even after doing so, hedging a stock’s FX risk can be a nightmare. On the face of it this is surprising, as there is no ...

China has agreed to refinance USD 3.7 billion in Chinese currency loans for Pakistan, contributing to maintaining foreign ...

Wall Street is climbing after President Donald Trump delayed a 50% tariff on goods coming from the European Union. The S&P ...

Wall Street is climbing after President Donald Trump paused a 50% tariff on goods coming from the European Union. The S&P 500 rose 1% Tuesday. The Dow Jones Industrial Average ...

MexEdge is launching a risk solutions arm for property buyers in Mexico, helping expats save money and avoid surprises when ...

This shift will reduce the need for constant intervention by BB, alleviating the strain on foreign exchange reserves and removing the complexities of monitoring currency market operations.