Discover how reference rates like the SOFR and prime rate serve as benchmarks for setting interest rates, and explore their impact on mortgages and financial contracts.

The Financial Accounting Standards Board has released an update on its recent guidance on reference rate reforms to clarify its scope. With reference reforms, banks and other financial institutions ...

The People’s Bank of China said while it will maintain the exchange rate’s flexibility, it will strengthen efforts to guide ...

China set the yuan’s daily reference rate at a level that was below market estimates by a record margin, in the latest sign ...

NEW YORK, Sept 26 (Reuters) - Federal Reserve Bank of New York President John Williams said Thursday his bank is launching a new panel with private market participants on the reference rates markets ...

FASB issued guidance Thursday that is designed to clarify which derivatives are eligible for certain optional expedients and exceptions under the board’s new standard that creates accounting relief ...

Adds product code. No change to text. SHANGHAI/SINGAPORE, Feb 20 (Reuters) - China cut the benchmark reference rate for mortgages at a monthly fixing on Tuesday by more than expected, as authorities ...

Learn what this new term is all about. Bitcoin has seen amazing performance over the past year, and the cryptocurrency has found its way into the collective consciousness in ways that many would have ...

For those who need rates for portfolio benchmarking, valuation, index construction, trade execution and analysis. The Bloomberg FX Fixings (BFIX) family of benchmarks covers spots, forward and ...

Discover how MIFOR, the Mumbai Interbank Forward Offer Rate, influenced Indian banking with forward agreements and ...

The transition from interbank-offered rates to new reference rates may get easier for companies as a result of temporary, optional accounting guidance approved Wednesday by FASB. FASB launched a ...