Cartoon by the French cartoonist Plantu, from March 1979, showing the new ECU as a guide and lifeboat for the nine participating countries (Source: Plantu. Le douanier se fait la malle, 20 ans de ...

The introduction of the euro a decade ago may be the most successful product to date of European integration. Now used by sixteen countries -with the addition of Slovakia on Jan. 1- and 325 million ...

If the ongoing credit crisis is the most serious economic shock to hit the world economy in 80 years, then it is certainly also the most serious problem to confront the euro area in its inaugural ...

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NEW YORK/LONDON, Dec 3 (Reuters) - The Korean won was one of the biggest movers on Tuesday, plunging against the U.S. dollar after South Korea's president declared martial law in an unannounced ...

The impossible trinity in international economics explains the challenges countries face when attempting to achieve three key objectives for economic stability. The first objective is a fixed exchange ...

FTSE Group, the index services provider, on Tuesday launched its Wealth Preservation Unit (WPU), a global currency unit index aimed at protecting investors’ wealth from currency and inflation risk.