The Rhouhani government approved on Wednesday a call by central bank to replace the rial with the more colloquially and historically known toman
The US dollar has been boosted by Donald Trump's election victory and spending plans, and political and economic worries in Europe, Britain and Japan.
The city of Barcelona is preparing to move forward with a plan to introduce its own currency, despite warnings from Spain’s central bank.
China's currency, the yuan, hit its lowest value in almost eight years against the US dollar having declined for eight days in a row.
Indians are reeling from the prime minister’s decision to take certain bank notes out of circulation.
Egypt has effectively devalued its currency by allowing it to trade freely, hoping to stabilising the economy and attracting foreign investment.
While post-Brexit woes are causing the pound to plummet in recent months, innovative Brits have found something better to do with their cash.
While the value of the British pound sterling has been on the decline over the last few weeks, some music-loving Brits have found an alternative use
The pound suffered a massive temporary loss in value overnight, diving 10 percent against the dollar in just minutes - a so-called flash crash.
The UK's services sector was strong in September adding to doubts about the need for another interest rate cut to cushion the Brexit vote impact.
Britain has introduced its first plastic currency with a new five pound banknote entering circulation featuring World War Two leader Winston Churchill.
As the eurozone struggles with weak growth and the threat of deflation, left-leaning economist and Nobel laureate Joseph Stiglitz told Euronews the currency bloc is doomed without radical changes.
Eurotunnel has lowered its profit forecast for 2016 and 2017 because the Brexit vote caused the value of the pound to drop.
The pound has slumped further in reaction to the UK's vote to leave the European Union, at one stage slipping below $1.28 in trading in Asia. The euro is also weak.
Japanese Prime Minister Shinzo Abe has addressed the effects of the Brexit vote on his country, pledging to use all available policy tools to help its economy grow.
Stocks and shares have been spiralling downwards across Europe after David Cameron said he will quit as British prime minister.
Global markets have been shaken by the prospect of a UK exit from the European Union.
Russia's central bank has cut its main interest rate by 0.5 percent to 10.5 percent, signaling confidence by its policymakers that inflation risks are declining.
The European Central Bank will stop issuing 500 euro notes on concerns over use by terrorists and criminals, but they will be phased out only from 2018 due to resistance from Germany.
Our global financial system is built around national and multinational currencies managed by state institutions. But the actors driving the global
Hundreds of people have queued at the Bundesbank in the German city of Frankfurt to get their hands on one of the new five euro coins. A collector’s
The G20 summit has got underway in China. The gathering unites finance ministers and central bank bosses from the world’s biggest economies. The G20
Russian central bank governor Elvira Nabiullina says the bulk of banking loans in Russia should be in roubles to minimise risks related to currency fluctuations.
London's Mayor Boris Johnson promising to campaign for a 'Brexit' caused the British pound to slumped in value against the dollar, the euro and the yen on Monday.
Finance ministers are calling on the European Central Bank (ECB) to look at ways of tightening access to 500 euro notes, in a bid to cut terror
The Russian rouble tanked again on Monday as the week opened with the Russian currency under severe market pressure. A 10-day holiday period in
The Russian ruble on the last currency trading day of the year has hit a new 2015 low against the US dollar, at one point falling to 73.20 to the
Russia has put into force measures to keep a closer eye on exchanges from rubles to foreign currency. The Russian Central Bank has decreed that
Russia has issued a new banknote dedicated to Crimea, the Ukrainian peninsula it annexed last year. It is a move that is certain to anger Kyiv, which