Understand the deep economic crisis in Iran fueling global tensions. Learn why the Iranian rial has crashed and how it led to ...

The Thai baht is heading for its biggest annual gain against the US dollar in eight years. At first glance, there seems to be little to justify its outperformance against regional peers. Thailand’s ...

Tehran, Iran is facing one of its most severe economic crises in decades, marked by a historic collapse of its national ...

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

Explore currency overlay strategies that separate currency risk from asset management, helping investors mitigate risks and ...

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 ...

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 ...

There is increased pressure from several nations to replace the U.S. dollar as the world’s reserve currency. The U.S. has benefited from being the most dominant currency in the world since the end of ...

Navigating the federal taxation of foreign currency can be compared to trying to cross a perilous sea. Both involve unexpected rough patches, serious difficulties, and frustrating complexity. In this ...

Have you been planning a trip to Paris? Or maybe you want to chill on the beach on an island like Costa Rica. Of course, travelling requires money, and you'll need to know how to exchange your money ...