If you have ever traveled overseas or noticed that some magazines list a price in both U.S. and Canadian dollars, you are likely familiar with the concept of exchange rates. Forex markets allow ...

An interest rate swap is an agreement between two parties to exchange one stream of interest payments for another. See a complete explanation and examples here.

Foreign exchange markets exist in major cities around the world, and as a whole, forex is by far the biggest market in the world on a daily trading basis, exceeding turnover of the bond and stock ...

For a country with chronically weak foreign exchange reserves, sustaining a ‘desired’ exchange rate path beyond 12–18 months ...