The Swiss National Bank made history last week, ending a self-imposed cap it placed on its currency that kept each franc pegged tightly to the euro.The currency gained about 30% against a basket of ...

This Economic Letter is based on a presentation Mark Spiegel prepared for a panel on “Optimal Currency Arrangements for Emerging Market Economies: The Experience of Latin America and Asia,” organized ...

This morning's press indicated you are going to proceed with labeling China a currency manipulator. I think this would be a huge mistake based on the facts. Let me address your concern and then look ...

Rudi Dornbusch, the late MIT economist, famously said currency crises take a lot longer to occur than you would have thought possible. But when they do occur, they go faster than you would have ...

If Egypt can learn anything from emerging markets that have abandoned control of their currencies, it’s that a half-hearted approach is bound to fail. The North African country on Thursday became the ...

The U.S. economy has been doing well. That's pushed the value of the U.S. dollar up — relative to other currencies. A strong dollar sounds like good news, but there are winners and losers. NPR's ...

Brazil's currency is stable, inflation is down substantially, the stock market has doubled, and the economy is beginning to grow again. That's good news for Brazilians. It's also good news for other ...

“Memo to Vladimir Putin: When you are trying to prop up your currency in an environment where the market thinks it is overvalued, interest-rate hikes—even big ones—often don’t work. The only reliable ...