Exchange controls are government restrictions on the purchase and sale of currencies, aiming to stabilize economies. Learn ...

Some travelers prefer trading their U.S. dollars for euros or other currencies at their local bank so they have cash to tip taxi drivers or porters at the airport or buy a coffee or lunch.

Currency exchange is a common necessity for travelers, international shoppers and anyone conducting business overseas. However, exchanging currency isn’t free. It usually involves an exchange rate and ...

Banks typically provide better exchange rates compared to airport kiosks or tourist areas. Understanding fees, spreads and rates helps you maximize your currency exchange value. Planning ahead ...

Currency futures are a fascinating financial instrument that allows traders to lock in exchange rates for currencies at a predetermined date. Unlike the often unpredictable nature of forex trading, ...

Penny Pryor has more than two decades experience writing, reporting and editing financial services publications. She has contributed to, and edited, the Money Section of the Sun Herald and The Sunday ...

If you’re looking to exchange currency before a trip overseas you’ll want to get the most bang for your buck. And this starts with understanding how currency exchange works. Our guide summarises what ...