The country is facing a drastic shortage in the US dollar, a major currency used in global trade. The Argentine peso has fallen nearly 80% against the greenback since the start of 2020. Argentina is ...
Smart investors shouldn’t ignore what’s happening to China’s yuan. Several state-owned banks have been stepping into support China’s currency by selling dollars, and it now may be reaching a fever ...
Argentina is allowing commercial banks to open deposit accounts in the Chinese yuan. The country is facing a drastic shortage in the US dollar, a major currency used in global trade. The Argentine ...
Economist Manar Al-Obaidi explains why the Iraqi dinar dropped in the parallel market, pointing to the upcoming pre-customs ...
This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Alex Ossola: Welcome to Tech News Briefing. It's Wednesday, March 13th. I'm Alex ...
Global dedollarization efforts face a credibility challenge as currencies of the nations leading the movement take a beating. Slumps in the ruble, yuan, and Argentine peso underscore how the US dollar ...
This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Alex Ossola: Welcome to Tech News Briefing. It's Wednesday, March 13th. I'm Alex ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. HARARE, Zimbabwe (AP) — Out with the ...
If the law wreaks havoc on the financial system, as seems highly likely, that name will become a grim joke: What genius thought that letting the cryptocurrency industry write its own rules would be a ...
DUBAI (Reuters) - Desperate to afford her daughter's overseas university fees, 58-year-old retired Iranian teacher Maryam Hosseini withdrew all her savings from the bank to buy U.S. dollars. It was ...
MOSCOW (Reuters) - Russia failed to halt the collapse of the ruble on Tuesday, leaving President Vladimir Putin facing a full-blown currency crisis that could weaken his iron grip on power. A 6.5 ...
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