Recent moves to alter the mechanism for setting the value of China’s currency, the yuan against the U.S. dollar (US$) are positive as they increase the flexibility of currency. However, the resulting ...

How does one determine whether a currency is fundamentally undervalued or overvalued? This question lies at the core of international economics and many trade disputes. George Soros had the answer ...

The Egyptian Central Bank will announce changes to the foreign exchange mechanism on Sunday, local press reports said. A flexible central rate that changes weekly is expected to be set up according to ...