Learn about currency substitution, its types, benefits, and potential risks, and why some countries use foreign currencies for extra stability and economic advantage.

This article explains the three main categories of currency pairs—majors, minors, and exotics—and how understanding these distinctions helps traders make more informed decisions. A currency pair ...

Discover what a reporting currency is and how it functions in financial statements. Learn conversion methods and see a real-world example with ExxonMobil.

Currency futures are a fascinating financial instrument that allows traders to lock in exchange rates for currencies at a predetermined date. Unlike the often unpredictable nature of forex trading, ...

On June 18, 2019, Facebook announced Libra. It's a virtual currency or cryptocurrency. Even if some people don't agree with that definition. says, it will run on a blockchain. Again, that is a ...