Its role would be reduced to defending the peg, much like currency boards in dollar-pegged economies. This constraint can be beneficial if a country has a history of mismanaging its monetary tools ...

So too are a flat corporate and income tax rate of just 10% and a local currency—the lev—tied by a currency board to the euro. This tie to the euro has helped keep inflation low and links Bulgaria to ...

Independent Hajj Reporters (IHR) has urged States’ Muslim Pilgrims Welfare Boards and airlines to educate Nigerian pilgrims ...

US stocks melted down and market volatility soared after President Donald Trump announced his across-the-board punitive ...

U.S. stocks are slipping ahead of a busy week with several potential flashpoints for financial markets. The S&P 500 fell 0.7% ...

In the megabank's latest sign of progress with regulators, it said that a seven-year-old CFPB order has been terminated.

A former governor of America’s central bank wants to go back to founding objectives without addressing the central founding ...

Corporate governance reform is essential if ESG goals are to succeed. Restoring the currency of trust is key to stakeholder ...

Under the proposal, state agencies would be authorized to accept cryptocurrency through a payment processor as designated by ...

The Eastern European country of Belarus is reportedly set to roll out a central bank digital currency (CBDC) by next year.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...