Discover how a nation's balance of payments can affect its currency's exchange rate and the dynamics of its relationship in ...

Recently, as the exchange rates of the Korean won and Japanese yen have fluctuated similarly, the dollar-against-won exchange rate fell sharply amid spreading expectations that the US and Japanese ...

International remittance is very important in connecting people and businesses across borders. It is through international remittance platforms that transacting across cross border remittance is ...

Cross-border payments are changing: existing intermediaries are upgrading their networks and new platforms based on novel digital forms of money are being explored, even as geoeconomic fragmentation ...

On the opposite end of the spectrum, the Lebanese pound is considered the weakest currency in the world (1 US dollar = 89,414 ...

This paper addresses a key puzzle in international finance: whether exchange rates follow a random walk or exhibit predictable patterns. We demonstrate that exchange rates can possess a unit root ...