Under assault by Soros and other speculators, who believed that the pound was overvalued, the British currency crashed, in turn forcing the United Kingdom's dramatic exit from the European Exchange ...

Under fixed exchange rates, by contrast, the burden of adjustment in deficit countries would fall entirely on downwardly rigid goods and factor prices, while surplus countries would face no compelling ...

Starting from December 27, 2024, the Bank of Russia will set official foreign exchange rates based on combined data from exchange and over-the-counter segments of the foreign exchange market. This is ...