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.
Malusi Gigaba has promised "radical economic transformation" amid concerns about corruption at top levels of the government. Gigaba succeeded widely respected Pravin Gordhan after he was fired by President Jacob Zuma.
Venezuelan president Nicolas Maduro has announced the introduction of a new currency exchange system to tackle the country’s economic crisis. It is the latest in a series of measures, which have included cracking down on bakeries selling pastries instead of bread.