Learn how foreign drafts simplify international transactions, save on currency conversion fees, and ensure timely payments when dealing with cross-border trade.

International financial crises in the late 1990s revealed that deficiencies in countries’ international reserves and related information made it difficult to anticipate and respond to crises by ...

For U.S. investors who own foreign stocks, bonds, and funds, these are anything but dull days. As if the tepid performance of foreign markets relative to the U.S. in recent years wasn't enough to ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. There is little doubt that China rather actively managed its currency in 2023. For ...

The Exchange Office published the new version of the General Instruction on Exchange Operations IGOC 2026. it aims to provide a clearer, structured regulatory governing foreign exchange operations in ...

Jenn spent the last decade empowering people to make informed personal finance decisions. As a freelance writer and public speaker, she's committed to helping people achieve their goals. She is ...

The Bank of Thailand (BoT) has stepped up oversight of inbound foreign currency transactions in an effort to reduce pressure ...

Next time you're traveling abroad, remember this top tip to avoid accidentally saddling yourself with a wad of cash you can't ...

India's foreign exchange reserves increased to approximately $696.61 billion by December 22, according to data released by ...

Nigerian banks introduce a 10% withholding tax on foreign currency deposit interest from January 1, 2026, amidst President ...

Nigerian banks will start deducting a 10 percent withholding tax on interest earned from foreign currency deposits from January 1, 2026.