Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. The European Monetary System (EMS) was ...

Discover how currency unions impact global economies, their historical development, and the critiques they face. Learn about ...

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In 1999, eleven European countries adopted the euro as their common currency (Greece followed in 2001). This followed a long period of gradually tying their national currencies together more tightly ...

According to a 2025 report by the People's Bank of China, the RMB is now the world's third most-used currency for trade financing and settlement, the third-most used currency for cross-border payments ...