The BRICS nations, originally composed of Brazil, Russia, India, China and South Africa, have had many discussions about establishing a new reserve currency backed by a basket of their respective ...

Beijing is using its market power in iron ore to pressure BHP as it moves to expand yuan-based trade and reduce reliance on ...

The US dollar still dominates trade for now. But new research suggests Australia’s banks are unprepared for a world where China’s currency plays a much larger role.

The foreign exchange market, commonly known as forex, represents the world's largest and most liquid financial market. With a daily trading volume exceeding $7 trillion, forex operates as a ...

Finding a trustworthy and accurate partner for cryptocurrency conversion is one of the first hurdles a new trader must ...

The Indian rupee hit a lifetime low on Friday, as a bout of portfolio outflows, uncertainty over a U.S.-India trade deal and ...