Saudi Arabia has introduced a new symbol for its local currency as part of efforts to establish the kingdom as a global financial hub. The design, made up of Arabic calligraphy of the word riyal, will ...

The International Finance Corporation, the World Bank's private investment arm, is expanding its local-currency lending and ...

Zimbabwe will launch a digital currency next month by introducing "tokens" that are backed by gold reserves and can be transferred between people and businesses as a form of payment, the country's ...

Namibia unveils a new generation of coins and bank notes celebrating national pride, heritage, and sovereignty as symbols of ...

Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. Vikki Velasquez is a researcher and writer who has managed, ...

The rise of China as an economic powerhouse in global trade in recent decades has sparked concerns about the long-term status of the U.S. dollar as the world’s primary reserve currency, which it has ...

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.

The all-time intrinsic value of Ghana’s currency, the Cedi, was unearthed yesterday when the crème de la crème of the country gathered in Accra to mark its 60th birthday, a celebration that rebirthed ...