Next video:
Loading the player...

What are exchange rates and why are they important to investors and economists? Harvard economist Kenneth Rogoff explains.

Related Articles
  1. Insights

    Influence: Kenneth Rogoff

    Harvard economist, chess champion and former IMF Chief Economist Kenneth Rogoff shares his greatest influence.
  2. Tech

    Bitcoin Price More Likely $100 Than $100K in a Decade: Harvard Economist

    Bitcoin more likely to be worth $100 than $100,000 in a decade from now predicts Harvard professor Kenneth Rogoff.
  3. Insights

    Why Can't Economists Agree?

    There are many reasons why economists can be given the same data and come up with entirely different conclusions.
  4. Financial Advisor

    What does a 'Chief Economist' do?

    Vanguard's Chief Economist Joe Davis discusses his role helping portfolio managers and clients.
  5. Investing

    Harvard Gets a Failing Grade on Interest-Rate Swaps

    Harvard is among scores of colleges and universities spaying the price for investing in interest-rate swaps that imploded during the financial crisis.
  6. Insights

    Are We Setting Ourselves Up For Another Financial Crisis?

    “More money has been lost because of four words than at the point of a gun. Those words are, ‘This time is different.’”
  7. Insights

    Pay Attention to These Economic Indicators

    Vanguard's Chief Economist on the three economic forces you should watch for.
  8. Insights

    Joe Davis on China's Economic Threat

    Vanguard's Chief Economist Joe Davis shares his thoughts on the biggest international economic concerns over the next year.
  9. Investing

    What Can We Learn From Harvard’s Investing Mistakes?

    Here's what individual investors can take away from the Harvard endowment's losses.
  10. Insights

    Subpar Returns Spur Layoffs at Harvard Endowment

    After a decade of poor returns, Harvard reportedly is moving most of its $35.7 billion endowment to outside managers, cutting half its in-house staff
Hot Definitions
  1. Diversification

    Diversification is the strategy of investing in a variety of securities in order to lower the risk involved with putting ...
  2. Liquidity

    Liquidity is the degree to which an asset or security can be quickly bought or sold in the market without affecting the asset's ...
  3. Federal Funds Rate

    The federal funds rate is the interest rate at which a depository institution lends funds maintained at the Federal Reserve ...
  4. Call Option

    An agreement that gives an investor the right (but not the obligation) to buy a stock, bond, commodity, or other instrument ...
  5. Standard Deviation

    A measure of the dispersion of a set of data from its mean, calculated as the square root of the variance. The more spread ...
  6. Entrepreneur

    An entrepreneur is an individual who founds and runs a small business and assumes all the risk and reward of the venture.
Trading Center