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 ...

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

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, ...

Remember the days of queuing at money changers in Mustafa or Change Alley, hoping for the best exchange rate—then clutching your cash all the way home like a nervous millionaire? Those days are long ...

Foreign exchange is the largest and most liquid financial market, with nearly $10 trillion changing hands daily. It’s the underpinning for global trade and finance—and its structure is changing as ...

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 ...

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 ...