used as legal tender in 195 countries. However, popularity and wide usage do not necessarily equate to the value or strength of a currency. Currency strength revolves around the purchasing power ...

Foreign currency reserves are vital to a nation’s economic well-being. Without adequate reserves, a country may be unable ... foreign currency reserves, with over two and a half times more ...

Higher interest rates in a country can increase the value of that country ... combating inflation is prioritized over combating unemployment when a currency strengthens. There are several ...

A global battle over cash will decide who rules ... people trusted that the value of that currency — backed by the country's government — would stay steady enough to be the benchmark for ...