Put simply, exchange rates compare the value of one currency to another. They measure how much of one currency it takes to purchase a unit of another. Exchange rates are ultimately determined in ...

FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bancorp (the “Company”) (Nasdaq:INBK) today announced that it is extending to 11:59 p.m., New York City time, on December 30, 2021, its offer to exchange ...

Bank of America Corporation announced today that it will redeem on October 24, 2025 all $2,500,000,000 principal amount outstanding of its 1.197% Fixed/Floating Rate Senior Notes, due October 2026 ...

Many economists argue that a flexible exchange rate regime is preferable to a fixed exchange rate regime because it helps to insulate the domestic economy from adverse external shocks. For example, ...

Today’s economic reality includes a world of free-floating fiat currencies, where the value of a nation’s currency is determined by supply and demand in the global foreign exchange or forex market.

Second, it means the transmission of monetary policy depends on narrower rate-sensitive segments of the economy, especially ...

NPR's Adrian Ma speaks with Cerian Richmond Jones of The Economist about the decision by Nigerian and Ethiopian governments to float their respective currencies. Two of Africa's biggest economies are ...

BAYONNE, N.J.--(BUSINESS WIRE)--BCB Bancorp, Inc. (the “Company”), (NASDAQ: BCBP), the holding company for BCB Community Bank (the “Bank”), today announced that it had extended its offer (the ...

Investment-grade floating rate notes are in high demand as fixed income traders try to get ahead of the Federal Reserve's interest rate hikes. Investors can also diversify their bond portfolios with ...

Bank of America Corporation announced today that it will redeem on October 27, 2025 all €1,750,000,000 principal amount outstanding of its 1.949% Fixed/Floating Rate Senior Notes, due October 27, 2026 ...

CHARLOTTE, N.C., Oct. 4, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on October 22, 2024, all $2,000,000,000 principal amount outstanding of its 2.456% ...