CAIRO (AP) — Egypt on Wednesday floated its currency and announced a deal with the International Monetary Fund to increase its bailout loan from $3 billion to $8 billion, moving to shore up an economy ...

Discover how central banks manage currency values through dirty floats, stabilizing economies by intervening in exchange rates to mitigate economic shocks.

In 2026, the process of purchasing foreign currency through CADECA will incorporate a new floating exchange rate, estimated ...

Bangladesh’s central bank is considering a crawling peg system for its currency, backtracking on an earlier pledge to allow the exchange rate to float freely. The plan isn’t final yet and Bangladesh ...

In his letter (Aug. 15) responding to my op-ed “Floating Currencies Compound Uncertainty” (Aug. 9), Prof. William Miles states that “currency boards would lead to more of the banking crises, debt ...

As of December 20, Cuba's unofficial currency market is witnessing a notable development: the value of the Freely Convertible ...

At a G8 world currency meeting in 2009, Russian President Dmitriy Medvedev presented a gold coin and called it a "new world currency." This would be similar to the Bretton Woods meeting in 1944, where ...

The value of the Russian ruble has plummeted to a record low, a reflection of international sanctions imposed in response to the invasion of neighboring Ukraine. Russia has fought back financially ...

Swaps are derivative contracts between two parties that involve the exchange of cash flows. One counterparty agrees to receive one set of cash flows while paying the other another set of cash flows.

A version of this story appeared in the daily Threat Status newsletter from The Washington Times. Click here to receive Threat Status delivered directly to your inbox each weekday. A version of this ...