Argentina, Lebanon, Turkey and numerous other countries are in the grips of serious inflation. This episode of What’s Ahead discusses a device, which when properly employed promptly ends debilitating ...

In his letter (Aug. 15) responding to my op-ed “Floating Currencies Compound Uncertainty” (Aug. 9), Prof. William Miles states that “currency boards would lead to more of the banking crises, debt ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Currency board arrangements, under which domestic currency can be issued only to the extent that it is fully covered by the central bank's holdings of foreign exchange, were long generally dismissed ...

Sens. Marco Rubio (R-Fla.) and Ted Cruz (R-Texas) are certainly right to take President Obama and Germany’s Chancellor Angela Merkel to task for not adopting a very much tougher line towards Russia ...

Bulgaria's latest stabilization program, which included the introduction of a currency board, marked the end of a period of economic turmoil and near-hyperinflation. What accounts for its success?