Discover the ins and outs of fixed-for-fixed currency swaps, where parties exchange fixed interest payments across different ...

Cryptocurrency has evolved from a niche digital asset into a global financial force, prompting discussions about its potential role in national economies. Some countries, like El Salvador and the ...

Learn how sudden currency devaluation impacts economies, discover historical crises, and explore how central banks can ...

Forbes contributors publish independent expert analyses and insights. I write about economic policy for the 21st century. In 2019, I was involved in a crypto project that aimed to provide a usable ...

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 ...

Kazakhstan has taken a landmark step in its monetary evolution by granting official currency status to the digital tenge, ...

The U.S. dollar’s 5.9% YTD drop in 2025 is sparking investor anxiety, but its reversal of post-election gains suggests the market may be overreacting to short-term volatility. Despite fears of a ...

"Funny money” continues to impact the world's economy. The U.S. dollar is perhaps the most recognized in the world, accepted nearly everywhere and viewed as one of the most reliable, stable currencies ...

China’s central bank vowed to further encourage financing in the yuan by overseas entities, betting cheap borrowing costs and increased demand for the currency offshore will be crucial drivers for its ...