These are rocky times for most investments. But it has been a wonderful stretch for the dollar.You may not have noticed if you haven’t traveled abroad and exchanged dollars for […]
Currency
Trending topics and news from the Currency category
Back to news homeS&P Global Places Russia in ‘Selective Default’
S&P Global has placed Russia under a “selective default” rating after the Russian government said last week that it had repaid about $650 million in dollar-denominated debt in rubles.The ratings […]
Western Sanctions Aim to Isolate Putin by Undermining the Ruble
By targeting Russia’s central bank with sanctions, experts said, American and European leaders have taken aim at what could be one of President Vladimir V. Putin’s greatest weaknesses: the country’s […]
They Made Millions on Luna, Solana and Polygon: Crypto’s Boom Beyond Bitcoin
Brenda Gentry, 46, a cryptocurrency speculator from San Antonio, said she started buying Bitcoin in 2020 before switching her focus to lesser-known tokens like Bund, which is tied to a […]
Beijing court rules bitcoin mining contract ‘void’
As crypto investors widely know, China has declared all cryptocurrency transactions illegal and outlawed crypto mining activities. Lately, a court decision further reasserted the government’s attitude to stifle any bitcoin […]
How Inflation Affects Turkey’s Struggling Economy
The signs of Turkey’s disastrous economy are all around. Long lines snake outside discounted bread kiosks. The prices of medicine, milk and toilet paper are soaring. Some gas stations have […]
Banks Tried to Kill Crypto and Failed. Now They’re Embracing It (Slowly).
Just as it does for stock and bond prices, Goldman recently began posting digital asset prices on its Marquee platform for big clients like hedge funds, preparing for a time […]
Digital Currency: The New Paradigm for ESG Verification | Stefan Pagacik
Digital Currency: The New Paradigm for ESG Verification Stefan Pagacik Co-founder & CEO, Future4Impact The US dollar has been a monetary benchmark for both emerging and developed economies. With the […]
In Global First, El Salvador Adopts Bitcoin as Currency
MEXICO CITY — El Salvador on Tuesday became the first country to adopt Bitcoin as legal tender, allowing the cryptocurrency to be used in any transaction, from buying a cup […]
U.S. and I.M.F. Apply a Financial Squeeze on the Taliban
Despite the chaotic end to its presence in Afghanistan, the United States still has control over billions of dollars belonging to the Afghan central bank, money that Washington is making […]