What is Foreign Exchange?
Which currency will be the world’s top?
In this article you’ll learn:Foreign Exchange is the currency that’s used to buy and sell goods and services in the United States.There are different types of foreign exchange, and they’re usually called foreign currency units.Here’s a breakdown of the types of currencies that are used in the U.S. and the currencies that you can buy […]
How to Use a Foreign Exchange Account for Credit Cards
The US dollar has been on a tear, rising more than 70 percent over the past 12 months and more than 400 percent since the end of the financial crisis.It’s been the global reserve currency since the year 2000, and it’s set to be the top currency by the end.It has also been gaining ground […]
The idea behind a foreign exchange account is that a financial institution will be able to issue your card to you with the payment terms and fees that it sees fit.The advantage of this approach is that your card is not tied to a specific account and you have full control over the transaction.But there […]