Major commercial banks, responding to the government’s strong request for cooperation, have moved to defend the exchange rate, causing foreign currency deposit interest rates to effectively disappear.

The USD/CAD exchange rate crashed to the lowest level since January 5 as the US dollar index retreated after the Greenland crisis eased. It plunged for five consecutive days in its longest losing ...

The high exchange rate of over 1,400 Korean won per dollar, which has persisted since last June, failed to subside by the end ...

Discover how exchange rates influence the economy, affecting job markets, inflation, and costs of goods. Learn about their indirect impacts on everyday life.

Learn how exchange rate fluctuations impact businesses and discover effective strategies to manage economic exposure and safeguard profitability.