Foreign Exchange

MILESTONES: IRAN   By Michael Shari   The collapse of Iran’s currency, the rial, has cut so deeply into the credibility of Iran’s government that it’s inching closer to regime change than it has been since a popular uprising deposed ...

UNCERTAINTY REIGNS   The foreign exchange market is going through a period of significant change on multiple fronts. New regulations introduced in the wake of the financial crisis will redefine users of foreign exchange services and divide the market into ...

TURKISH DELIGHT   By Justin Keay   Turkey's economy is one of the few in Europe experiencing positive growth, but as the pace of economic reform slows and a rising current-account deficit looms, pundits are beginning to ask, has complacency ...

DIFFFICULT CHOICES   By Antonio Guerrero   African oil producers stand to benefit from continued sanctions on Iranian oil exports. But their path is not without challenges.   As the US and EU tighten the screws on Iran, imposing sanctions ...

CORPORATE FINANCING NEWS: FOREIGN EXCHANGE By Gordon Platt The euro rebounded to a two-month high in early September, as European policymakers approved a plan to lower borrowing costs for debt-laden members of the euro area through open-ended purchases of bonds ...

BANKING ON AFRICA   By Erik Heinrich   A continent-wide boom is shaping a new breed of pan-African lenders.   The future has never looked brighter for sub-Saharan Africa. Many of its economies are expanding at annual rates of 6% ...

THE A-GRADERS   By Kathryn Tully   Presenting the Winners’ Circle: A ranking of all the central bank governors who have received “A” grades over the history of Global Finance ’s Central Banker Report Cards—released as part of our 25 ...

ANNUAL SURVEY: WORLD’S BEST BANKS   A selection of winners in Global Finance ’s best bank awards over the past year.   Best Foreign Exchange Providers 2012   WORLD’S BEST BANKS : Best Derivatives Providers 2011 Best Subcustodians 2012 Best ...

ASIA'S POWER NEXUS   By Arthur Clennam   I ndia relies on Indonesian coal to power its utilities, and both nations face huge increases in coal-fired power demand. But bureaucratic red tape makes it difficult for either nation to increase ...

The annual meetings of the International Monetary Fund and the World Bank in Tokyo opens under the shadow of continuing economic uncertainty...

GUNNING FOR GROWTH   By Gordon Platt, Antonio Guerrero and Anita Hawser   Global Finance presents its annual report on the performance of the world’s central bank governors.   Central banks of most of the major global economies are pulling ...

DIAMONDS IN THE ROUGH   By Gordon Platt, Thomas Clouse, Jonathan Gregson & Antonio Guerrero   The World’s Best Banks undoubtedly have flaws, but their fundamentals are improving. Global Finance unveils its annual list of the best banks globally, regionally ...

CROSSING ASIA'S FRONTIERS   By Michael Shari   As banks and regional hubs throw their weight behind Islamic finance, shariah-compliant products are crossing not just national borders but also product lines in Asia.   Photo Credits: MANZRUSSAL I / Shutterstock.com ...

CORPORATE FINANCING NEWS: FOREIGN EXCHANGE By Gordon Platt A favorable ruling by Germany's constitutional court on the legitimacy of the eurozone's permanent bailout fund, and coordinated easing by global central banks are both needed to ease concerns about Europe's debt ...

STAR GAZING   By Vanessa Drucker   Among Central and Eastern European countries, Poland’s economic performance clearly stands out. Unlike other countries it has the luxury of economic growth, and it boasts a large domestic market that can pick up ...

ANNUAL SURVEY: TRAILBLAZERS   By Adam Rombel   In the first of a two-part series, Global Finance identifies the top online corporate and consumer banks by country and regionally by product and service category.   As it has annually for ...

In the Western world, September is synonymous with the beginning of the school year, and represents the resumption of full economic activity after summer vacation...

TRANSITION AND TRANSFORMATION   By Valentina Pasquali   Saad Mohseni is the chairman of Moby Group, Afghanistan's largest media conglomerate. Mohseni founded the company in 2002 upon returning home to Afghanistan after the fall of the Taliban.   Global Finance: What ...

INTERNATIONAL VISION   By Andrea Fiano   Guo Guangchang is the chairman of Chinese conglomerate Fosun Group. Fosun International was established in 1992 and now ranks among China's top 100 enterprises.   Global Finance: What key changes defined the past 25 ...

RISING TO THE MOMENT   By Paula Green   Martin Senn became chief executive officer of Zurich Insurance in January 2010 after joining Zurich as chief investment officer in 2006. A Swiss citizen and career international banker, he spent 18 years ...