Argentina, Lebanon, Turkey and numerous other countries are in the grips of serious inflation. This episode of What’s Ahead discusses a device, which when properly employed promptly ends debilitating ...

Currency board arrangements, under which domestic currency can be issued only to the extent that it is fully covered by the central bank's holdings of foreign exchange, were long generally dismissed ...

Plans to establish a currency board in Lebanon in a bid to help resolve the ongoing financial crisis has been met with division among economists. Opponents of the proposal, promoted by Steve H Hanke, ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Sens. Marco Rubio (R-Fla.) and Ted Cruz (R-Texas) are certainly right to take President Obama and Germany’s Chancellor Angela Merkel to task for not adopting a very much tougher line towards Russia ...

Exchange-rate instability is a curse. A private currency board would prevent it. With the onset of the coronavirus pandemic, currencies around the world took a deep dive. To name but a few casualties: ...

Bulgaria's latest stabilization program, which included the introduction of a currency board, marked the end of a period of economic turmoil and near-hyperinflation. What accounts for its success?

In his letter (Aug. 15) responding to my op-ed “Floating Currencies Compound Uncertainty” (Aug. 9), Prof. William Miles states that “currency boards would lead to more of the banking crises, debt ...