But then, the Fed said, U.S. Treasury officials asked the Fed’s trading desk to get a quote for a significant purchase of yen ...
The exchange rate of a nation's currency is one of the most important determinants of its state of economic health. Find out ...
Discover how clean float exchange rates work, their benefits, and limits. Learn how supply and demand shape currency value without government interference.
Our unique data on the currency composition of global foreign exchange reserves, COFER, track how much of the world’s reserves are held at central banks in different currencies—such as the US dollar, ...
Foreign exchange is the largest and most liquid financial market, with nearly $10 trillion changing hands daily. It’s the underpinning for global trade and finance—and its structure is changing as ...
​Many shoppers have faced a frustrating surprise at checkout when the final price suddenly rises due to so-called exchange ...
The State Bank of Vietnam set the daily reference exchange rate at 25,050 VND/USD on February 11, down 5 VND from the previous day.
The Nigeria Customs has clarified the exchange rate application in customs validation. In a statement by the National Public Relations Officer of Customs, ...
The Nigeria Customs Service clarifies it does not fix forex rates. All rates for import valuation are officially set and ...