Learn about cross rates and their impact on forex trading, including major currency pair examples like EUR/JPY and EUR/GBP, without involving the USD.
Early morning on December 29th, the State Bank of Vietnam announced that the central exchange rate of the Vietnamese Dong ...
Learn how overshooting impacts exchange rate volatility and why Dornbusch’s model is pivotal in explaining the short-term departure from price equilibrium.
Interest rates play a critical role in shaping the values of different currencies. Central banks worldwide utilize interest rates as a monetary policy tool to manage their economies, making it ...
You can do a lot better if you look beyond traditional currency booths near train stations and tourist hubs Written By Written by Contributor, Buy Side Jason Cochran is a contributor to Buy Side and ...
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. If you’re taking a trip abroad, it’s wise to get some foreign ...
When traveling abroad, savvy travelers shop around for the best deals on flights and accommodations. But mapping out an efficient plan to exchange currency can also lead to significant savings on your ...
Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...
The Chosun Ilbo on MSN
Bank of Korea sells $1.745 billion to defend exchange rate
The Bank of Korea announced on the 31st that foreign exchange authorities sold a net $1.745 billion in the third quarter of last year, when the won-to-dollar exchange rate steadily rose, to defend the ...
The Chosun Ilbo on MSN
Won-Dollar Exchange Rate Closes at 1,439 Won, Annual Average Highest
On the 30th, the won-dollar exchange rate closed its final weekly trading of the year at 1,439 won, up 9.2 won from the previous day. Due to strong government intervention, the won exchange rate ...
Reserve Bank of India proposes new rules for transparent foreign exchange transactions, requiring banks to disclose all fees ...
This paper investigates the impact of natural disasters on exchange rate movements in different country groups with different exchange rate regimes. Using a panel local projection model with a ...
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