Explore the theory of uncovered interest rate parity (UIP), understand its formula, and discover how it links interest rates to currency exchange rate expectations.

The naira traded weaker on Wednesday as official market and parallel rates diverged, with the Nigerian Foreign Exchange Market (NFEM)/Central Bank of Nigeria (CBN) volume-weighted rate around ₦1,465 ...

Canadians made 22.5 billion transactions worth $12.2 trillion last year, Payments Canada says. (Photo by Artur Widak/NurPhoto via Getty Images) · NurPhoto via Getty Images Canadian consumers are ...

US Dollar (USD) United Arab Emirates Dirham (AED) 1 USD to AED = 3.67 USD AED on 30/09/2025 US Dollar (USD) Albanian Lek (ALL) 1 USD to ALL = 82.4815 USD ALL on 30/09/2025 US Dollar (USD) Neth ...

Russian President Vladimir Putin reaffirmed strong, time-tested relations with Prime Minister Narendra Modi during a recent phone call. Putin praised India's independent policy and impressive economic ...

US Treasury Secretary Scott Bessent suggested he’s fine with how China’s yuan has moved against the dollar this year, while pointing out its depreciation against the euro presents a challenge for ...

Copper jumped to a 15-month high on Monday amid a broader risk-on rally, as traders prepare for this week’s US Federal Reserve meeting with the expectation of a long-awaited interest rate cut. Futures ...

Warning signs in the labor market are raising concerns about the U.S. economy’s health. The economy lost jobs in June, the first monthly net loss since the end of 2020. In August the unemployment rate ...

America’s great cities once stood as beacons of prosperity, culture and commerce. But today, many of them – especially those run by progressive, soft-on-crime leadership – are paying a staggering ...

The eurozone economy grew marginally over the three months through June, figures confirmed Friday, leaving the European Central Bank unlikely to cut its key interest rate next week. Across the 20 ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Cross-border payments are changing: existing intermediaries are upgrading their networks and new platforms based on novel ...

MINSK, 27 August (BelTA) - The Belarusian Universal Commodity Exchange (BUCE) and the Bolsa de Mercadorias de Moçambique (BMM) will join efforts to develop exchange trade between Belarus and ...