Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced ...

May 17, 2005 — -- The Treasury Department's semi-annual report to Congress on foreign exchange released today called for change in China's policy of linking its currency (the yuan or renminbi) to ...

Today’s economic reality includes a world of free-floating fiat currencies, where the value of a nation’s currency is determined by supply and demand in the global foreign exchange or forex market.

Hong Kong has sold more foreign-exchange reserves to maintain its longstanding peg to the U.S. dollar, bringing its total outlay this year to US$9.54 billion. The Hong Kong Monetary Authority, the ...

Akrur Barua argues that Hong Kong's linked exchange rate system has served the SAR well and any change in the HKD-USD peg will lead to great volatility As economies across the world ride the ebb and ...

Pegged to the U.S. dollar since 1983, the Hong Kong dollar is usually a dull currency. Except when it isn’t. Heightened tension between the U.S. and China over the city’s autonomy has focused ...

Denmark’s central bank scrambled to defend its currency peg Thursday, cutting its benchmark interest rate for the fourth time in less than three weeks. The krone’s peg to the euro has been under ...

KUWAIT/DUBAI (Reuters) - Gulf Arab countries will discuss pegging their planned single currency to a basket instead of the U.S. dollar, a Kuwaiti government official said on Tuesday, putting the ...

April 07, 2008 -NCB Capital (NCBC) estimates that the GCC currencies have depreciated by over 37% in nominal terms since 2002 due to their peg to the US Dollar and discusses how the depreciating USD ...

Kyle Bass is stepping up his bearishness toward Hong Kong and making a high-risk bet that its currency's peg to the US dollar will crumble, Bloomberg reported Tuesday. The founder of Hayman Capital ...

Pegged to the US dollar since 1983, the Hong Kong dollar is usually a dull currency. Except when it isn’t, like this year. When the US Federal Reserve began raising interest rates in March to combat ...

* In international finance, a government determination to hold constant the exchange rate of its currency with another currency. * The opposite of a currency whose exchange rate is set on currency ...