Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Gordon Scott has been an active investor and technical analyst or ...

Currency swaps silently set the stage for a lot of economic activity worldwide. According to the latest reliable data, global daily currency swaps in 2022 was about $400 billion, around 5% of the $8.1 ...

The People's Bank of China (PBC), the central bank, announced on Monday that it recently renewed its bilateral local currency swap agreement with the Bank of Korea for another five years, a move that ...

"The parliaments of the BRICS member states should make every effort to deepen cooperation in creating routes for money transfers and developing trade corridors for the exchange of goods and services ...