© 2026 Forbes Media LLC. All Rights Reserved.

© 2026 Forbes Media LLC. All Rights Reserved.

What is a Cross Currency? A cross-currency refers to a currency pair or transaction that does not involve the U.S. dollar. A cross-currency transaction, for example, doesn't use the U.S. dollar as a ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, ...

Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your inbox Get this delivered to your inbox, and ...

The value of the U.S. dollar in terms of the SDR is the reciprocal of the sum of the dollar values, based on market exchange rates, of specified quantities of the SDR basket currencies. See SDR ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in ...

One of the more intriguing financial trends that has gained popularity in recent years is the de-dollarization movement. De-dollarization is an effort by a growing number of countries to reduce the ...

Johannesburg, South Africa – On a late November morning – two days before leaders of the world’s leading economies convened in Johannesburg for the 2025 Group of 20 summit – the governors of the South ...

These representative exchange rates, which are reported to the Fund by the issuing central bank, are expressed in terms of currency units per U.S. dollar, except for those indicated by (1) which are ...