Foreign currency may be exchanged for personal use, as part of your company's business operations or for speculation by traders. The difference in price between two currencies is called the exchange ...

Learn how currency translation converts foreign subsidiaries' financial results into a parent company's main currency, explore methods, and understand associated risks.

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. As businesses in the United States have had to adjust to a ...

Traveling to a foreign country can require you to incur significant costs. Don’t make your budget more burdensome by incurring hefty currency exchange fees. Moreover, some institutions have ...

Banks typically provide better exchange rates compared to airport kiosks or tourist areas. Understanding fees, spreads and rates helps you maximize your currency exchange value. Planning ahead ...

IRS tax laws affect traders on foreign exchange markets and U.S. companies conducting business in foreign currencies. When you convert cash from one currency to another and back again, there may be a ...

Learn how foreign drafts simplify international transactions, save on currency conversion fees, and ensure timely payments when dealing with cross-border trade.

Questions are being raised about foreign exchange access for overseas investment. The issue came up during actuarial consulting firm Eckler’s recent ...

At some point we’re going to be heading out to see the world again, and if you’re new to international travel, you may be wondering how to exchange currency. Here are your options. Most major banks ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. I have a new article in the China Project laying out China’s shadow ...