Learn about currency substitution, its types, benefits, and potential risks, and why some countries use foreign currencies for extra stability and economic advantage.

Discover what a national currency is, how it functions as legal tender, and its role in global trade and economic stability. Learn how currencies like the U.S. Dollar influence economies.

The foreign exchange market plays a crucial role in global trade. Institutions such as banks can buy and sell currencies like the euro or the yuan. As a result, international trading and investments ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. A weaker dollar inevitably produces concerns about the demise of the dollar as the ...

Opinions expressed by Entrepreneur contributors are their own. Increasingly, businesses operate across borders and need business account solutions that let them send and receive money wherever their ...