If you have ever traveled abroad, you know that exchange rates can fluctuate. When it comes time to convert currencies, you may receive more or less than the amount you expected or planned for.

Editor’s Note: This article is part of a symposium of views in The International Economy Winter 2016 issue on the effectiveness of currency devaluation on economic growth. The full symposium can be ...

Ray Dalio warns fiat currencies are "in trouble" due to soaring global debt. Read why the billionaire predicts a major ...

(Bloomberg) -- Egypt is mired in a grueling economic crisis that’s left its 105 million-plus people gripped by uncertainty, but one thing seems all but assured: another currency devaluation is likely ...

Simply put, rewards devaluation is when the number of miles or points needed for certain rewards increases, thereby making already-earned points or miles less valuable. Rewards devaluation can occur ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The following guest post about the (non) return of high inflation to developed economies is by Rui Soares, an ...

THE opening paragraph of Bloomberg's news story on Venezuela's currency move is a classic example of what devaluation actually means. Venezuelans lined up to purchase airline tickets and TVs this ...

Many bad ideas survive as urban legends. No field is immune, economics included. The list goes on: Unions care more about consumers than about their own members. Minimum wage laws don’t raise the cost ...

All day Sunday the BBC repeated a solemn announcement that “the Right Honorable Sir Stafford Cripps, Chancellor of the Exchequer,” would have something important to say at 9:15 that evening. When the ...

In 1860 Black bodies held captive on American soil represented a White collective real property value of more than $3 billion, roughly $93.5 billion today. Currently, real property held by Black ...