As talk of a “BRICS currency” grows, the bloc actually seems to be moving in a very different direction. Instead of one ...

The worsening KRW-USD exchange rate has prompted the easing of regulations on foreign currency soundness to stabilize supply and demand for foreign currency. The Ministry of Economy and Finance, ...

In response to Russia’s invasion of Ukraine, a group of democratic nations is imposing economic sanctions against Russia. The punitive measures include a financial sanction in the form of exclusion of ...

China will gradually make the yuan's exchange rate more flexible, the central bank said on Saturday a week before a G20 summit, strongly suggesting that it was ready to break the currency's ...