BRICS continues to develop a cross-border payment system that could ultimately accelerate de-dollarization and create ...

Elon Musk, the chief executive of Tesla and SpaceX and the brainchild behind the Department of Government Efficiency, went ...

Learn what the FDIC is, how it protects your bank deposits, and why it's important for U.S. banks. We also cover what you need to know about the FDIC.

The Bretton Woods system established the U.S. dollar as the world’s currency in the post-World War II global economy. As Allied forces viewed that the war was coming to an end, representatives ...

As the international community continues to assimilate and build upon the lessons of the global financial crisis, the IMF has embarked on a process to better understand the challenges facing the ...

This seminar will attempt to engage regional policymakers in a conversation about the future form of the international monetary system for Asia, focusing particularly on the issue of access to ...

What really differentiates these transactions and gives our current monetary system value is that people trust the authorities that issue our main currency (the dollar in the U.S.), and there's an ...

Yet our currency system has not kept up. To put it another way, the median family income in 1969 was $9,400 — an average week ...

Campanella, Edoardo, and Meg Rithmire. "What Future for the Renminbi in the Global Monetary System?" Chap. 7 in U.S.-China Relations for the 2030s: Toward a Realistic Scenario for Coexistence, edited ...

Now it's another currency within the modern monetary system and is managed by the Reserve Bank of India (RBI). The currency exists in various denominations and incorporates security features to ...