The Soviet Union was one of the countries that emerged as a superpower after the Second World War. The post…
The Black Wednesday of 1992 refers to the momentous day when the British Pound was under attack by currency speculators. This…
The freely floating currency system may have its advantages and disadvantages. However, it has fundamentally changed the way we look…
What is a Currency War ? A currency war is a situation wherein devaluation of currency by one country is retaliated…
The Asian financial crisis was another major currency crisis that happened during the 1990’s. The crisis assumed epic proportions. This…
During the period of 1998 to 2002, the Argentina economy underwent a massive financial crisis. This was nothing unheard of,…
The freely floating currency system is the predominant system of foreign exchange that is prevalent in the world today. As…
The financial community of the world is at a consensus that the current economic system provides the United States government…
he exchange rate between two currencies is determined by the interaction of several variables. Some variables have more influence on…
What Are Special Drawing Rights (SDRs)? Special Drawing Rights (SDRs) were a part of the monetary system that was created…
