The exchange rate of a nation's currency is one of the most important determinants of its state of economic health. Find out ...

A post only a true balance of payments geek, a currency trader, or a U.S. Treasury hand can love; as Paul Krugman used to say, wonkish.

A few years back, Silicon Valley Bank (and a few other regional banks) got into trouble because they held too many long-dated government bonds. Government bonds are generally a safe investment; ...

Cross-border payments are changing: existing intermediaries are upgrading their networks and new platforms based on novel digital forms of money are being explored, even as geoeconomic fragmentation ...

We offer a unifying empirical model of covered and uncovered currency premia, interest rates and spot and forward exchange rates, both in the cross section and time series of currencies. We find that ...