China's central bank has adopted a more proactive tone when describing its efforts to promote the global use of the yuan - a rhetorical change that could signal increased efforts to internationalise ...

The European Central Bank’s Digital Euro aims to modernise payments in Spain, offering a safe, public and cash-equivalent ...

The Canadian loonie could be getting a major makeover. Here's what the Bank of Canada's plan for digital currency means for you. A digital form of the Canadian dollar would revolutionize the country’s ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. There is little doubt that China rather actively managed its currency in 2023. For ...

Orban's government seeks to boost central bank oversight Central bank says legal reforms erode its independence ECB has found no major issues with proposed amendment Standoff weighs on forint, may ...

Treasury Secretary Scott Bessent’s multibillion-dollar bailout of a serial defaulter raises the specter of losses for the ...

In a related development, Nigeria’s foreign exchange reserves rose to $42.8 billion, up from $42.79 billion earlier in the week. According to checks by Nairametrics, this marks the highest reserve ...