Learn how floating exchange rates work, driven by forex market supply and demand, and compare with fixed rates to grasp their impact on global economies.
***Money is not a client of any investment adviser featured on this page. The information provided on this page is for educational purposes only and is not intended as investment advice. Money does ...
An almost-forgotten 19th century episode shows that international cooperation can be essential for a stable global monetary system The year 1873 marks a turning point in monetary history. In July, the ...
Forbes contributors publish independent expert analyses and insights. I write about economic policy for the 21st century. At a G8 world currency meeting in 2009, Russian President Dmitriy Medvedev ...
“With all thy getting, get understanding." Bringing up the subject of a gold standard is strictly verboten in the economics profession and among financial policymakers. It’s long past time to break ...
Put simply, exchange rates compare the value of one currency to another. They measure how much of one currency it takes to purchase a unit of another. Exchange rates are ultimately determined in ...