Japan’s economy recorded impressive growth in the second quarter of 2023, government data showed on Tuesday, evidence that the country is finally recovering from the Covid doldrums, even as signs […]
Currency
Trending topics and news from the Currency category
Back to news homeA Strong Peso Gives Mexicans Working Abroad Less Bang for Their Buck
Most of the money that Antonio Solis makes delivering food on his motorcycle in New York City will eventually make its way to Monterrey, Mexico, where it will pay for […]
Turkey’s Reeling Economy Is an Added Challenge for Erdogan
As Turkish authorities grapple with the agony of a mounting death toll from the deadliest earthquake in a century, President Recep Tayyip Erdogan is confronting a parallel crisis: the disaster’s […]
Can A Trillion Dollar Coin Resolve the Debt Ceiling Crisis?
WASHINGTON — The debt limit standoff between Republicans and Democrats has elevated questions about creative solutions for averting a crisis, including one that at first blush might seem unthinkable: Could […]
Why Japan’s Sudden Shift on Bond Purchases Dealt a Global Jolt
What’s more, the growing gap between interest rates in Japan and elsewhere was pushing down the yen’s value, piling even more stress on the country’s highly import-dependent economy. That made […]
A Rising Dollar Is Hurting Other Currencies. Central Banks are Stepping In.
The Federal Reserve’s interest rate hikes are unsettling global markets and prompting other central banks to prop up their domestic currencies. Read More
Lessons From Liz Truss’s Handling of U.K. Inflation
The sharp policy U-turn by Liz Truss, Britain’s prime minister, reveals the perils of taking the wrong path in the fight against scalding inflation. Read More
Businesses Brace for Currency Chaos in Asia
Tigun Wibisana and Sandra Kok, who own a cafe in Malaysia, are facing an excruciating decision that could make or break their business of 14 years: Can they increase prices […]
Eurozone Inflation Sets Another Record, Hitting 10 Percent in September
Month by aching month, surging energy prices are exacting a worsening toll on the living standards of millions of Europeans.The European Commission reported on Friday that consumer prices in the […]
Why the British Pound Continues to Sink
Over the centuries, British leaders have often gone to extraordinary lengths to protect the pound’s value, viewing its strength as a sign of the country’s economic power and influence. King […]