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.

• The Federal Reserve cut interest rates Wednesday by a quarter point as expected, lowering borrowing costs for the third time this year. • Wall Street rallied after Fed Chair Jerome Powell ruled out ...

The economy has had a volatile year marked by ongoing headwinds and uncertainties. Persistent inflation, unpredictability around tariffs, and a stock market that many fear is in the midst of an ...

Sentiment has shifted dramatically in favor of an interest rate cut. Top officials at the Federal Reserve have displayed a rare degree of public disagreement over a possible interest rate cut next ...

What Is a Forward Exchange Contract (FEC)? A forward exchange contract (FEC) is an over-the-counter (OTC) agreement between two parties to exchange currencies at a set rate on a future date, commonly ...

The Federal Reserve on Oct. 29 announced a quarter percentage point rate cut, marking its second consecutive rate reduction. The move brings the Fed’s benchmark interest rate down to a range of 3.75% ...

After weeks of anticipation, the Federal Reserve trimmed its benchmark interest rate today, dropping the benchmark rate by another 25 basis points, marking its second rate cut of 2025. The move, which ...

The Federal Reserve on Wednesday cut its benchmark interest rate for the second time this year as it seeks to boost economic activity and rejuvenate the sluggish labor market despite concerns about ...

In recent months, inflation has picked up while hiring has slowed. The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its second interest rate ...

The Federal Reserve just cut rates. Find out what that means for your finances Written By Written by Staff Money Writer, WSJ | Buy Side Molly Grace is a staff money writer at Buy Side covering banking ...

• The Federal Reserve cut its benchmark interest rate Wednesday for the first time since December and signaled more cuts are likely this year. • Central bankers opted for a quarter-point cut this time ...

Some consumers have been hoping that Fed rate cuts would lead to lower mortgage rates so they can buy a home or refinance their mortgage, but long-term mortgage rates move independently from the ...