The conventional wisdom among China watchers has long been that China will not allow a substantial appreciation of the yuan because its still hobbled domestic economy needs the boost from exports.

Iran is facing its largest demonstrations in years as people hit the streets of Tehran and other cities to protest the country's dismal economic situation. The protests erupted Sunday and gathered ...

TEHRAN, Iran — Iran’s rial currency fell Wednesday to a new low of 1.2 million to the U.S. dollar as nuclear sanctions squeeze Tehran’s ailing economy. Traders offered the new exchange rate as ...

The International Monetary Fund has warned of currency risks arising for nations such as Kenya and Ethiopia that are swapping dollar loans from China into yuan to tame debt costs. Switching currencies ...

For more than a decade through 2024, the US dollar appreciated consistently against most global currencies, but this trend has reversed in 2025 because of several factors. Even before President Donald ...

The Taiwanese dollar’s rally is boxing in the island’s central bank, leaving it with limited room to intervene in order to avoid a “currency manipulator” label from the US. Heavy interventions in the ...

After 20 years, Arizona band The Format has come back for a reunion tour, performing on "The Tonight Show Starring Jimmy Fallon" on Monday, Oct. 6. Taylor Swift will also be on The Tonight Show on Oct ...

DUBAI, Oct 5 (Reuters) - Iran has gained parliamentary approval for a monetary overhaul to remove four zeros from its national currency over the next few years to simplify transactions after years of ...

Is the U.S. dollar’s position as the world’s reserve currency on shaky ground? Some people think so, pointing to President Trump’s tariffs, America’s growing debt and its use of financial sanctions as ...

When you live abroad, a stronger or weaker dollar can raise your grocery bill, shrink your retirement income or unexpectedly affect the return on your investments. Most Americans living overseas ...

This paper presents the most comprehensive and up-to-date panel dataset on global trade invoicing currency and examines recent pattern shifts with a focus on geopolitical alignment. Using data for 132 ...

Talk about privilege. The dollar is not just the currency of the United States; it is what's called the world's "reserve currency," where people and institutions park their money. But there's concern ...