The Bermudian Dollar (BMD) is a currency pegged to the U.S. dollar. Learn about its historical evolution, current usage, and ...

Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced ...

HONG KONG (Reuters) -Hong Kong's de-facto central bank stepped into the foreign exchange market on Tuesday as the currency hit the top end of its band for a fourth time this month, spurred by a ...

The Hong Kong currency peg, in its present form, has existed since 1983. However, some Hong Kong observers have begun to question whether the HK dollar’s link to the US dollar is relevant and in the ...

Hong Kong’s de-facto central bank spent more than a billion dollars propping up the city’s currency, as it sought to defend a peg that has been strained by volatility in the greenback. The Hong Kong ...

KUWAIT/DUBAI (Reuters) - Gulf Arab countries will discuss pegging their planned single currency to a basket instead of the U.S. dollar, a Kuwaiti government official said on Tuesday, putting the ...

“Given Ukraine’s substantial foreign exchange reserves, this is in principle a good time for the country to move to a more flexible currency regime,” says Martin Raiser, economic adviser in the World ...

LAGOS (Reuters) - Nigeria's naira weakened against the dollar for a second day on Tuesday after the central bank removed its currency peg in an effort to alleviate chronic foreign currency shortages ...