Discover how dollarization stabilizes fledgling economies and attracts foreign investment by replacing the local currency with the U.S. dollar for safety.

The Cuban Peso (CUP) is Cuba's official currency, used for local transactions and historical purposes. Explore its history and place in Cuba's monetary system.

The Thai baht is heading for its biggest annual gain against the US dollar in eight years. At first glance, there seems to be ...

Main Street investors looking to enter the foreign currency investing market, or forex, should do so with eyes wide open, as currencies are one of the more complex markets. Even so, currencies are a ...

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 ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not ...

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 ...

Exchanging currency in Bangalore is now easier and more convenient than ever for travelers, students, and business ...

Last Monday, China let the yuan drop to its lowest value since 2008. The currency is now trading at just over 7 yuan to the dollar. Later that day, the U.S. Treasury Department promptly labeled China ...