Understanding foreign exchange risk is a necessary skill for anyone involved in international finance or trade. It involves recognizing how currency values can change due to economic indicators, ...

Currency investing is a well-established corner of institutional investing that has the potential to provide stable returns while simultaneously diversifying traditional equities and fixed income.

A stronger Congolese franc has reduced the local value of external financing, creating a $836 million budget gap in the DRC’s 2026 fiscal framework. World Bank and AfDB project financing, capped in ...

Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those ...

An international institution has issued a warning that South Korean companies and financial institutions hold dollar assets ...

We offer a unifying empirical model of covered and uncovered currency premia, interest rates and spot and forward exchange rates, both in the cross section and time series of currencies. We find that ...

We recently published a leader and briefing in which we argued that Taiwan’s weak-currency policy is punishing consumers and storing up financial risk. The central bank, known as the CBC, has written ...