One swallow does not make a summer, however, Moody's recent decision to downgrade the United States from its top credit rating mirrors similar decisions from the two other major US ratings agencies, ...

Companies need to translate foreign ... currency – for example, a London subsidiary using the British pound. In the current rate method, assets and liabilities use the current, or "spot ...

The declining dominance of the U.S. dollar is more than a transient phenomenon; it represents a structural shift in global ...

ISLAMABAD: Pakistani rupee on Thursday appreciated by 11 paisa against the US Dollar in the interbank trading and closed at Rs 282.06 against the previous ...

Despite global and local challenges, the naira has remained stable in recent months, thanks to the CBN's reforms and a recent ...

Sri Lanka's current dollar inflows from exports, remittances, tourism and other services exceeded imports was 2.2 billion US ...

The Court of International Trade’s ruling on Donald Trump’s tariffs is the most consequential potential setback for the ...

The U.S. Court for International Trade on May 28 struck down President Donald Trump’s national trade emergency, the reciprocal tariffs he put into effect on April 2 and other tariffs in 2025 including ...

Generally accepted accounting principles, or GAAP, include specific guidelines for recording foreign currency transactions. Problems can arise when currencies change value and routine business ...

Today, the dollar exchange rate on the Russian interbank market fell below 78 rubles for the first time since May 31, 2023 ...

Wall Street rallied after President Donald Trump delayed a 50% tariff on goods coming from the European Union. The S&P 500 ...

Wall Street is climbing after President Donald Trump delayed a 50% tariff on goods coming from the European Union. The S&P ...