Many shops shut their doors in protest as Iran’s currency plummeted to record lows pushing inflation and the cost of living to unbearable levels. CNN’s Paula Hancocks reports.
In well-connected circles within China, the yuan’s persistent weakness is increasingly being seen as an obstacle to the country’s growth.
Iranian security forces have repressed previous protests with deadly force and arrests, raising the stakes for those who make ...
Elon Musk has again declared energy “the true currency,” fueling speculation among bitcoin supporters that he’s quietly ...
Learn about currency substitution, its types, benefits, and potential risks, and why some countries use foreign currencies for extra stability and economic advantage.
Learn how to profit from currency arbitrage by exploiting price discrepancies in forex. Discover strategies, types, and risks ...
Sign up for a summary of global news developments with CFR analysis delivered to your inbox every weekday morning. Subscribe to the Daily News Brief. Since the end of ...
Cryptocurrency (or “crypto”) is a digital currency that can be used to buy goods and services or traded for a profit. Bitcoin is the most widely used cryptocurrency. Many, or all, of the products ...
Taiwan’s life insurers have cut their currency hedging to a record low, while boosting their buffer against foreign-exchange risks to give themselves a greater capacity to ride out any potential ...
Constant currency reporting adjusts revenue and earnings to negate exchange rate effects. Many companies present constant currency data with GAAP results for clearer comparison. Understanding both ...
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