Tracking exchange rates is a good idea for anyone who regularly sends money transfers. When you convert money from one currency to another, the bank or specialist currency exchange provider you’re ...

This paper addresses a key puzzle in international finance: whether exchange rates follow a random walk or exhibit predictable patterns. We demonstrate that exchange rates can possess a unit root ...

The informal currency market in Cuba opens this Tuesday with a notable development: the Free Convertible Currency (MLC) is experiencing a resurgence.

With major central banks now cutting policy rates, the global interest rate cycle is turning. This shows how far the fight against inflation has come in many advanced economies. But with economic ...

Taiwan’s life insurers proposed changes to accounting rules that will cut annual hedging costs by an estimated NT$90 billion ($2.9 billion) and provide relief for excessive currency swings, according ...

In the past, when the U.S. Federal Reserve lowered the benchmark interest rate, the won’s exchange rate against the dollar would decline. Now, this ‘formula’ is not functioning well. The exchange rate ...