exchange rates

The European Central Bank hiked its key interest rates by 25 basis points on Thursday, in a unanimous decision, delivering the ninth consecutive rate hike over the past year, a day after the Federal Reserve also hiked borrowing costs. The ECB deposit rate – the interest rate that the central bank...

WeSwap has an interesting idea for consumers who are traveling abroad. Instead of heading to the nearest currency exchange at an airport (which could result in astronomical fees), WeSwap wants consumers to swap currencies with each other. "As a traveler, consumers are really forced to pay...