News

Put simply, exchange rates compare the value of one currency to another. They measure how much of one currency it takes to ...
The foreign exchange market, or “the forex” as it is often called, is the global marketplace for converting currencies at their current values, which rise and fall according to changes in ...
Appendix: Changes to published exchange rates January 2020. In January 2020, we stopped publishing exchange rates for the following currencies: Malaysian ringgit; Thai baht; Vietnamese dong; May 2017.
Bank Of America Unveils Longest Foreign Exchange Rate Guarantee. ... Notably, clients who adopted the Guaranteed FX Rates in 2024 have contributed over 20% to year-to-date volume growth.
For example, should rapid capital outflows cripple crucial funding markets and cause a sharp drop in the exchange rate, a central bank can sell foreign exchange reserves, or lend them out, to ...