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Image: Antonio Pisacreta/ROPI/picture-alliance Image: Antonio Pisacreta/ROPI/picture-alliance

Currency

Money makes the world go round, they say. But for this to make sense, national currencies have to be recognized and trusted stores of value so they can be traded among nations in foreign exchange markets.

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Reports & Analysis

Managing Director of the International Monetary Fund IMF Kristalina Georgieva R, back attends a press conference in Washington, D.C

Managing Director of the International Monetary Fund IMF Kristalina Georgieva R, back attends a press conference in Washington, D.C

Is Africa better off without the IMF?

Is Africa better off without the IMF?

For decades, African countries have looked to the International Monetary Fund for economic aid. Are there alternatives?

Bills of Nigeria's Naira stacked on top of each other

Bills of Nigeria's Naira stacked on top of each other

How effective is a new African currency at easing inflation?

How effective is a new African currency at easing inflation?

Zimbabwe and Nigeria recently introduced new currencies to help fight inflation. But does it really work?

Nepali students in Kathmandu burn the map of ''Akhanda Bharat'' installed at the Indian parliament building

Nepali students in Kathmandu burn the map of ''Akhanda Bharat'' installed at the Indian parliament building

Nepal map on currency note stirs up border row with India

Nepal map on currency note stirs up border row with India

India has objected to a proposed Nepalese bank note with a map that claims border areas currently under India's control.

A Zimbabwean gold coin being held between two fingers

A Zimbabwean gold coin being held between two fingers

Should Africa ditch underperforming currencies?

Should Africa ditch underperforming currencies?

African currencies continue to slump against major global currencies.

Demonstrators hold placards during a protest against the hike in price and hard living conditions

Demonstrators hold placards during a protest against the hike in price and hard living conditions

Inflation: Nigerians struggle to afford food as prices soar

Inflation: Nigerians struggle to afford food as prices soar

Nigerians are angry about rampant inflation and the spiraling cost of food. Who is to blame for the economic pain?

Men and women hold Serbian flags during a rally against the Kosovo government's attempt to enforce the euro as the only legal currency that can be used in cash operations in the country. One protester holds up a cardboard placard that reads "UN 1244. US HELP", Mitrovica, Kosovo, February 12, 2024

Men and women hold Serbian flags during a rally against the Kosovo government's attempt to enforce the euro as the only legal currency that can be used in cash operations in the country. One protester holds up a cardboard placard that reads "UN 1244. US HELP", Mitrovica, Kosovo, February 12, 2024

Kosovo: New currency regulation angers Serb minority

Kosovo: New currency regulation angers Serb minority

Although the euro is the currency of Kosovo, people in the country's Serb-majority regions still use the Serbian dinar.

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Skip next section In the spotlight

In the spotlight

A hand placing 100-mark-bills into a counting-machine at the bank

A hand placing 100-mark-bills into a counting-machine at the bank

Why are Germans hoarding billions of useless deutsche marks?

Just as everything seems to be getting more expensive, Germans have a secret stash of cash waiting to be tapped into.

A woman walks past a currency exchange office in Moscow

A woman walks past a currency exchange office in Moscow

Russian ruble tanks amid Vladimir Putin's war economy

After days of losses, the Russian currency has crashed below a psychologically important mark of 100 rubles for $1 US.

Iraqi people stage a protest against the depreciation of the local currency, the dinar, against the US dollar, at Tahrir square in Baghdad.

Iraqi people stage a protest against the depreciation of the local currency, the dinar, against the US dollar, at Tahrir square in Baghdad.

Why the dollar's dominance is declining in the Middle East

Iraq banned the US dollar, the Saudis plan to sell oil without it, and there are plans for a new currency to bypass it.

Close-up of a Black man's hands holding a stack of colorful fake Afro bills

Close-up of a Black man's hands holding a stack of colorful fake Afro bills

'Afro': A new currency for Africa?

Senegalese artist Mansour Ciss has imagined a new currency to symbolize his dream of an economically independent Africa.

Latin American banknotes

Latin American banknotes

The dream of a single Latin American currency

Inflation and speculation plague several Latin American currencies. Now, a common currency idea is making a comeback.

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