By bnm Gulf bureau Syria's new currency entered circulation on January 1, removing two zeros from the Syrian pound in a ...

Globally, the U.S. dollar is holding on as the most used reserve currency in the world as the International Monetary Fund (IMF) reports that around 60% of global reserves are held in the U.S. dollar.

Currency strength serves as a key indicator of a nation’s economic health, political stability and financial policies. While numerous factors influence currency values, consistent economic performance ...

Rudi Dornbusch, the late MIT economist, famously said currency crises take a lot longer to occur than you would have thought possible. But when they do occur, they go faster than you would have ...

Learn about currency substitution, its types, benefits, and potential risks, and why some countries use foreign currencies for extra stability and economic advantage.

Kuwait’s strong economic performance, supported by substantial oil reserves and effective fiscal policies, has helped maintain a high exchange rate for its currency. In contrast to nations facing ...

Asian officials went on the offense against the resurgent dollar, with some choosing to stand together but all united in their desire for currency stability. The latest salvo came from Japan’s ...

The U.S. dollar, Swiss franc, and Japanese yen are among the most commonly cited safe haven currencies. Understanding the role of these currencies, the reasons they are considered safe havens and ...

Swapping out old currency notes for new ones has sparked protests and economic instability in Nigeria. Efforts by the Central Bank of Nigeria (CBN) to withdraw old notes and drive citizens towards ...

DESPITE the fact that money has always existed, very few people seem to be interested in the subject. The majority of people do not fully understand the concept of money because it is not taught in ...

In the wake of the East Asian, Russian, and Brazilian currency crises of the 1990s, a growing chorus of observers and economists (for example, Radelet and Sachs 1998, and Stiglitz 2000) has argued ...