A new look at an old question: Should countries fix, float, or choose something in between? A PERENNIAL question in international economics—whether in academia or in policy circles—concerns the ...

A bill of exchange binds one party to pay a fixed sum of money to another party ... such as the interest rate. Investopedia / Laura Porter A bill of exchange is used in international trade to ...

In terms of their impact on the international trading and monetary system, Donald Trump’s reciprocal tariffs are comparable ...

Some of the points that need to be worked out include: The principal amounts in each currency The exchange rate to be used in the swap The type of interest rates (fixed for fixed; fixed for ...

Among the 11 analysts polled by CNBC, the majority do not see the currency weakening significantly, but rather a gradual depreciation engineered by the PBoC.