Iran is facing one of its most severe economic crises in recent history. The country’s currency, the rial, has lost massive value, dropping so sharply that it is effectively worth nothing against the ...

NY Fed signals potential dollar intervention to support Japanese yen. Strategy could trigger intentional USD devaluation and ...

A fiscal crisis – sometimes called a sovereign debt crisis – is a sharp economic shock or downturn caused or sparked by high ...

Indonesia’s currency has come under renewed pressure after President Prabowo Subianto’s decision to nominate his nephew to the central bank reignited concerns over monetary independence, spooking inve ...

The 1997 Asian financial crisis sent shockwaves across South Korea, leaving lasting scars in its aftermath. The won-dollar exchange and interest rates soared, strings of companies and financial ...

Nigeria is battling to contain a historic currency crisis and soaring inflation, with the International Monetary Fund on Monday warning that almost one in 10 people are facing food insecurity. Stream ...

"The United States is deeply indebted, and its finances are on an unsustainable long-term trajectory," says the Committee for ...

(Global Edition) From the BBC World Service … To stem its ongoing currency crisis, Argentina is set to unveil a new round of spending cuts as its finance minister heads to Washington to try and secure ...

Discover how sudden economic stops disrupt economies, trigger recessions, and lead to currency crises. Learn about their ...

The parliamentary committee tasked with investigating the causes of the country's currency crisis held its fifth meeting on ...