Discover how the European Monetary System (EMS) stabilized currencies and laid the groundwork for the euro, creating economic unity in Europe from 1979 onwards.

The euro shows both the promises and pitfalls of unified currency systems. Economic sovereignty remains a key barrier to global adoption. Digital innovations are changing traditional currency dynamics ...

Over history, the world has adopted the currency of the leading country for global payments. The USD is, arguably, the first global currency untethered from precious metals. Despite external ...

The U.S. dollar will remain dominant in the international monetary system, with de-dollarization likely to be slow and partial despite rising RMB and euro ambitions. Network effects, deep U.S.

Technology is reshaping capital flows and currency dominance; data integrity is essential for financial stability Technology is poised to shake up the international monetary and financial system. How ...

Demand for stablecoins has risen significantly but the crypto assets shouldn’t be the mainstay of the future monetary system, a group representing the world’s top central banks said. Stablecoins, a ...

“I’m going to Saudi Arabia. I made a deal with Saudi Arabia. I’d usually go to the U.K. first. Last time I went to Saudi Arabia they put up $450 billion. I said well, this time they’ve gotten richer, ...

Expect upheaval for interest rates, the U.S. dollar, the Federal Reserve, U.S. debt and money and investment flows Far from 'Make America Great Again,' Trump's policies are accelerating America's fall ...

LONDON (Reuters) - For the world monetary system, the financial crisis which erupted in the summer of 2007 is a cataclysmic shift that will prove every bit as significant as the outbreak of the First ...

This year’s report provides the external sector assessment of 30 of the world’s largest economies on the basis of their 2024 data. Global current account balances in 2024 widened significantly. Staff ...