Discover everything about the Saudi Riyal (SAR), from its historical origins and fixed USD exchange rate, to its impact on the Kingdom's oil-based economy.
As Iran’s economy grapples with sanctions, chronic inflation and persistent exchange-rate volatility, some policymakers ...
Discover how central banks manage currency values through dirty floats, stabilizing economies by intervening in exchange rates to mitigate economic shocks.
This course gives a comprehensive overview of exchange rate analysis and policy. It explores key exchange rate concepts (real, nominal, bilateral, multilateral, spot, forward) and arbitrage conditions ...
The naira on Wednesday climbed to a record high of N1,418.26 against the dollar in the official foreign exchange (FX) market, ...
HONG KONG/SHANGHAI, Jan 9 (Reuters) - Hong Kong has no intention and sees no need to change the system that pegs the city's currency in a tight band to the U.S. dollar and has the ability to defend it ...
Fifty years ago, the world changed. On August 15, 1971, US President Richard Nixon slammed shut the “gold window,” suspending dollar convertibility. Although it was not Nixon’s intention, this act ...
Will a brutal decline in the Naira force the country to finally end its multiple-exchange-rate system? In the five months between March and August of this year, Nigeria’s currency, the Naira, fell by ...
As Nigeria closes the chapter on 2025, CBN emerges as the institution that quietly rebuilt foundations of the country’s ...
Last year, the intraday fluctuation range of the exchange rate against the dollar was the largest in 16 years since 2009, when the global financial crisis aftermath occurred. According to the Bank of ...
E. Napoletano is a former registered financial advisor and award-winning author and journalist. With more than 15 years of experience crafting content about all aspects of personal finance, Michael ...