Learn how currency translation converts foreign subsidiaries' financial results into a parent company's main currency, ...

As investors await yearly reports and dividend recommendations of banks, the Central Bank of Nigeria (CBN) has reminded banks on the need to exercise utmost prudence and set their foreign currency ...

A little over six months ago, a friend called me up with a "surefire" money-making investment: put money on China allowing its currency, the yuan, to appreciate within the next eight months. My friend ...

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China is feeling the worldwide pressure to raise the value of its currency. After refusing to consider revaluation last fall, Chinese officials are now volunteering that they are studying the problem.

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. Alan Greenspan told Senators Schumer and Graham that China would soon make its ...

(This guest post previously appeared at the author's blog) The Chinese new year has only just started, and already trade tensions are ratcheting up. This is perhaps appropriate — astrologers tell us ...