Learn about currency substitution, its types, benefits, and potential risks, and why some countries use foreign currencies for extra stability and economic advantage.

Big fluctuations in currency — the dollar's up, the euro and yen are down — can seem abstract and meaningful only to traders and multinational corporations. But they have a tangible impact on where ...

In last night's US Presidential Debate, Mitt Romney labeled China "a currency manipulator" when speaking about foreign policy and how to improve the manufacturing atmosphere in America. Is China a ...

Working with clients in other countries opens you up to the world of foreign exchange differences. These differences can arise in many ways. Take two simple examples: 1. A small firm with just one UK ...

"The house compound had seven wells scattered around. It is said that in one of them, there is a wealth of gold that was buried during the Japanese invasion in World War II." 2010Xavier Comas Monetary ...

Even as the high-profile spat between the United States and China over the too-cheap Chinese currency gets much press coverage, currency wars are brewing all over the place. And how these battles ...

Gilliant Tett of the Financial Times tells NPR's Scott Simon what China's currency devaluation this past week will mean for the rest of the world. Chinese currency devaluation, not exactly a phrase to ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. A weaker dollar inevitably produces concerns about the demise of the dollar as the ...

Editor’s Note: Ilya Subkhankulov is the COO of BTX Trader, the digital currency trading platform. He has also recently launched a consumer-friendly bitcoin and dogecoin buying service called Celery.

El Salvador and the Central African Republic have made Bitcoin legal tender, but market volatility has undermined the experiment. In recent years, several countries have begun to accept Bitcoin as a ...