What determines currency exchange rates? While “experts” present a number of theories such as trade balance, the most ...

Petra Tschudin, member of the SNB’s governing board, told the Neue Zürcher Zeitung (NZZ) newspaper that even in a low ...

More Chinese and global issuers and investors are expected to be drawn to offshore yuan bonds in Hong Kong and elsewhere, thanks to the currency’s cost efficiency, according to investment bank China ...

The Middle East and North Africa region has not been cited so far as a focus for the new US administration’s actions ...

The amount calculated using their interest rate differential (IRD). Lenders often have their own IRD calculations. Here’s how they generally operate when borrowers pay off a mortgage in full ...

The interest rate of that product is subtracted from your original interest rate. If your lender’s two-year, fixed mortgage rate is 4%, and your original rate was 5%, the IRD rate will be 1%.