The ruble has jumped nearly 40% against the U.S. dollar this year, making it the best-performing currency in the world so far in 2025, according to Bank of America. On Tuesday, the Central Bank of ...

Policymakers should enhance market surveillance through systemic risk monitoring including stress testing and scenario ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. There is little doubt that China rather actively managed its currency in 2023. For ...

Penny Pryor has more than two decades experience writing, reporting and editing financial services publications. She has contributed to, and edited, the Money Section of the Sun Herald and The Sunday ...

Market sources said physical dollars are scarce, with exchange companies increasingly issuing dollar-denominated cheques, which can be deposited in foreign currency accounts. Dealers attributed the ...

Finance Minister Nirmala Sitharaman unveiled the Foreign Currency Settlement System, which facilitates real-time foreign ...

Visiting another country is a great way to explore and experience other cultures, but you want to make sure you have cash on hand and the ability to withdraw cash abroad for the smoothest travel ...