Foreign items are financial checks or drafts drawn on a different institution than where they are deposited. Learn about their function, regulation, and processing times.

Understanding foreign exchange risk is a necessary skill for anyone involved in international finance or trade. It involves recognizing how currency values can change due to economic indicators, ...

This is a joint post by Brad Setser and Mark Sobel, the U.S. Chairman of the Official Monetary and Financial Institutions Forum. The U.S. Treasury’s Semiannual “Foreign Exchange Report” is the main ...

How to avoid foreign transaction and bank fees, and where to get the best rate when you travel abroad. By Elaine Glusac Elaine Glusac is the Frugal Traveler columnist, focusing on budget-friendly tips ...

The Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, says recent stability and improvements in the exchange rate have contributed to a reduction in the prices of some goods on ...

Investors would not be to blame for detesting the international sleeve of their portfolios over the past decade. Coming out of the global financial crisis in 2009, the U.S. equity market has easily ...

There is no greater turmoil in the “Seely household” than when it comes to converting funds and trying to determine the movement of a foreign currency exchange rate. Research is done, historical ...

Indonesian gov't should restore market confidence through certainty of policy direction as it will encourage the ...

Pacific Basin Notes. This series appears on an occasional basis. It is prepared under the auspices of the Center for Pacific Basin Monetary and Economic Studies within the FRBSF’s Economic Research ...

BI Senior Deputy Governor Destry Damayanti added that the exchange rate slump is not only occurring in Indonesia, but also in ...