The foreign exchange market, also known as the FX/forex/currency market, can seem like a complex beast. In this enormous and liquid market, trillions of dollars change hands every day. Unlike the ...

Foreign transaction fees cover the cost of converting one currency into the cardholder's home currency. Converting currency between businesses involves a series of financial services including ...

Learn about the publication of, and calculation methodology for, the foreign exchange (FX) rate data on the Bank of Canada’s website. All FX rates are published as the number of Canadian dollars ...

The Central Bank of Argentina (BCRA) on July 15 began selling US dollars in a parallel foreign exchange market as part of the ...

In June, yuan transactions made up 99.6% of FX-trading volumes in the country, a cited Bank of Russia review said. One month ...

Argentina's central bank will start selling U.S. dollars in the country's parallel foreign exchange markets in an effort to ...

The share of yuan on Russia’s foreign exchange market has reached 99.6% after sanctions forced the Moscow Exchange to halt ...

Credit cards with no foreign transaction fees can help keep costs in check while you’re traveling abroad. If you use a card that charges extra for international transactions, your trip is going ...

In this paper we evaluate the role of foreign exchange reserves in facilitating macroeconomic stabilization in a financially dollarized economy. We first show empirically that foreign exchange ...

Traveling abroad can be expensive, but it's even worse when you have a credit card that charges you foreign transaction fees. These fees can be 3% or more of each purchase and add up quickly ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Most credit cards charge a foreign ...