The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...

THE Philippine peso continued to strengthen for the fourth straight day breaking through the P55 to the dollar level since ...

Canadian miner Gold Reserve said on Thursday it has dropped out of a U.S. court-organized bidding for shares in a parent of ...

There is strong optimism for naira recovery in the foreign exchange market against the US dollar following decision taken by ...

The Federal Reserve handed down a large interest rate cut this week, dialing back the central bank's fight against inflation ...

The US Federal Reserve’s 50 bps rate cut signals the start of a new easing cycle after months of speculation. Experts view ...

The Federal Reserve on Wednesday afternoon (September 18th local time) lowered the federal funds rate to the range of 4.75 ...

The Federal Reserve has at last cut interest rates but our columnist points out a host of concerns that could weigh on ...

The US Federal Reserve’s (Fed) recent decision to slash interest rates has a significant impact on Malaysia’s ringgit, ...

The Reserve Bank of Zimbabwe (RBZ) has injected US$64 million into the foreign exchange market in response to a growing ...

Spot gold prices hit a record high on Friday as a weak dollar, expectations of more U.S. interest rate cuts and tensions in ...

The rupee strengthened by 11 paise to hit its two-month high level of 83.65 against the US dollar on Thursday after the US Federal Reserve cut the benchmark interest rate by 0.50 per cent, boosting ...