Money makes the world go round, they say. But for this to make sense, national currencies have to be recognized and trusted stores of value so that they can be traded among nations in foreign exchange markets.
Alongside classical forms of money, the rise of the Internet has also produced a rise in digital or virtual currencies with all their pros and cons. This page presents the latest DW content related to money and currencies.
The US dollar is going from strength to strength while the European single currency is sliding - even more so, since the US Federal Reserve announced there could be further rate hikes next year. At the moment, the euro-dollar exchange rate has almost reached parity.