Forbes contributors publish independent expert analyses and insights. I cover globalization and international economic policy. Robert Lighthizer, a former U.S. trade negotiator and a potential ...
Billionaire Ray Dalio says that fiat currencies like the US dollar are entering a classic devaluation period, making gold more attractive.
Currency intervention is not a new thing. When China does it, the West calls foul. When Japan does it, it’s just another Tuesday. But what is currency intervention? This process involves a country’s ...
What is the time value of money? Time value of money (TVM) is the concept that money has greater value now than it will in the future based on earning potential. Generally, fiat money is devalued by ...
The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...
JOHANNESBURG (Reuters) - Zimbabwe's consumer inflation surged to 37.2% month on month in October in local currency terms, data showed on Friday, after a sharp devaluation in the southern African ...
RIYADH, Feb 4 (Reuters) - A devaluation of Saudi Arabia's currency could cause such political instability that Riyadh has little choice but to stick to its promise to use vast foreign exchange ...
Jan 10 (Reuters) - Venezuelan President Hugo Chavez on Sunday ordered soldiers to seek out businesses raising prices after a sharp devaluation of the bolivar currency last week, saying his government ...
Airtel Africa Plc, a telecommunications firm with a presence in 14 African countries, has posted a $549million occasioned by significant currency devaluations in Nigeria, Malawi, Zambia, and Kenya, ...