Juana Lilia Delgado, the head of the Central Bank of Cuba (BCC), has announced a phased transformation of the foreign ...

India and Russia are contemplating a semi-floating rupee-ruble exchange rate, fixed monthly, to facilitate bilateral trade and reduce currency conversion costs.

One of the great dividing lines in the bond market is between fixed-rate and floating-rate debt. This difference has become especially stark since 2022, as the rise in short-term interest rates ...

Just a few days after its introduction, Cuba's so-called "floating" exchange rate system has already undergone its first ...

Tracking exchange rates is a good idea for anyone who regularly sends money transfers. When you convert money from one currency to another, the bank or specialist currency exchange provider you’re ...

Swaps are derivative contracts between two parties that involve the exchange of cash flows. One counterparty agrees to receive one set of cash flows while paying the other another set of cash flows.

An exchange rate is how much of a given nation’s currency you can buy with a different nation’s currency. If you purchase foreign goods or travel abroad, you may need to convert your currency to ...