In early January, several currency trackers briefly displayed the Iranian rial’s value as “$0.00,” unable to process the speed and scale of the depreciation, making it unexchangeable on important ...

This latest attempt to de-dollarise the economy faces a formidable challenge: overcoming a tumultuous history marked by hyperinflation and five previous failed currency regimes. ZIMBABWE’S central ...

The exchange rate of the Korean won against the dollar this year has surpassed levels seen during the foreign exchange crisis, continuing its high-flying trend. Analysts suggest the phenomenon of the ...

Iceland’s PM is out. The krona has slid 30% v. the euro this year. Iceland’s central bank has increased rates significantly. But it may not be enough. There are now calls for Iceland to adopt a ...

We offer a unifying empirical model of covered and uncovered currency premia, interest rates and spot and forward exchange rates, both in the cross section and time series of currencies. We find that ...

Russia's national currency since the 13th century. Learn its history, exchange rate influences, and its digital currency ...