Just a few days after its introduction, Cuba's so-called "floating" exchange rate system has already undergone its first ...

On December 24th, Cuba's informal currency exchange market opened without any fluctuations, amidst a backdrop of economic ...

A new foreign exchange rate will take effect in Cuba starting December 18th. The president of the Central Bank of Cuba, Juana Lilia Delgado ...

Put simply, exchange rates compare the value of one currency to another. They measure how much of one currency it takes to purchase a unit of another. Exchange rates are ultimately determined in ...

Discover how central banks manage currency values through dirty floats, stabilizing economies by intervening in exchange rates to mitigate economic shocks.

A version of this story appeared in the daily Threat Status newsletter from The Washington Times. Click here to receive Threat Status delivered directly to your inbox each weekday. A version of this ...

As reported by the Government of the Republic, the Central Bank of Cuba has worked to create the conditions for gradual ...

The foreign exchange rate, often abbreviated as “forex” or “F.X.,” is a fundamental concept in international finance and trade. It plays a pivotal role in the global economy and impacts individuals, ...