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Europe Finance

Brexit leaves markets in upheaval

As Leave triumphs in Brexit vote, world financial markets are left reeling from a surprise upheaval to the established order.

Economics Middle East/North Africa

Turkish lira or Syrian pound? Currency debate sparks divide in Northern Syria

Opposition groups in Syria’s North are opting to use the Turkish lira over the Syrian pound to take advantage of a more stable currency, while also deliberately seeking to devalue

Finance International

Is the time ripe for a new global reserve currency?

China’s push for the adoption of a super-sovereign reserve currency points to a possible larger role for IMF’s Special Drawing Rights (SDR). The current international monetary system is a historical

Finance International

US Decline Series: Are the dollar’s days as reserve currency numbered?

Despite speculation that the days of the US dollar as the world’s reserve currency will soon be over, a number of factors make such a changing of the guard unlikely. This