We should stop using terms such as “trade surplus” or “trade deficit.” Trade is always a surplus and the only deficit comes ...

The United States and South Korea agreed that foreign exchange interventions should be reserved for combating excessive volatility, without targeting exchange rates for competitive purposes, according ...

The U.S. and South Korea agreed on Wednesday not to manipulate foreign exchange rates for trade advantage, but reserve them for combating excessive volatility. The decision doesn’t include a bilateral ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Cross-border payments are changing: existing intermediaries are upgrading their networks and new platforms based on novel ...

After years of intervening to dampen the Swiss franc's exchange rate against the euro, Switzerland's authorities may be embarking on another, potentially tougher battle as dollar weakness starts to ...

SEOUL (Reuters) -The United States and South Korea agreed that foreign exchange interventions should be reserved for combating excessive volatility, without targeting exchange rates for competitive ...