The Argentine peso has fallen consistently against the U.S. dollar this month, losing almost 12% since Jan. 1. The behavior of the exchange rate for the informal “blue” dollar keeps bringing concerns ...
Tag: Greenback
Saudi Arabia just said they are now ‘open’ to the idea of trading in currencies besides the US dollar — does this spell doom for the greenback? 3 reasons not to worry
Saudi Arabia just said they are now ‘open’ to the idea of trading in currencies besides the US dollar — does this spell doom for the greenback? 3 reasons not to worry The 2023 World Econom...
China Suspected of Stockpiling Gold to ‘Cut Greenback Dependence’ – Economics Bitcoin News
During the first week of November, the World Gold Council’s (WGC) report that covered last quarter’s global gold demand noted that central banks worldwide purchased close to 400 tons of gold in Q3 202...
The rupee continues to trade lower against the greenback; What’s next?
Indian rupee ended at a fresh record low The Indian rupee closed the day on Wednesday at a new record low concerning the US dollar. The USD/INR climbs above 83 for the first time in history as the unr...
The World’s Weakest Currency, Kiyosaki Says Greenback Is ‘Toast,’ IRS Crypto Tax Update and More — Bitcoin.com News Week in Review – The Weekly Bitcoin News
In this week’s hottest stories from Bitcoin.com News: the Ghanaian cedi’s recent slide to a new low against the USD, Rich Dad Poor Dad author Robert Kiyosaki weighs in on Saudi Arabia’s move to join t...
How A Strong Dollar Hurts Europe + Emerging Markets
Burning US five and one dollar bills, London, 8th August 2011. (Photo by Tom Stoddart/Getty Images) Getty Images Is a strong dollar all good? Depends where you sit in the global economy. For sure the ...
Gold Jumps as Japan Moves to Prop Up Yen Drive Down Greenback
(Bloomberg) — Gold surged as Japanese authorities intervened to prop up the yen, further driving down the greenback and increasing the appeal of the precious metal. Most Read from Bloomberg Bull...
While the US Dollar Tramples the Euro, Pound and Yen, Russia’s Ruble Skyrockets Against the Greenback – Economics Bitcoin News
While the U.S. dollar has soared in value against a basket of worldwide fiat currencies, Russia’s ruble climbed 4.5% against the greenback this week. During the first week of September, Russia told th...
Smart Contract Tokens Gained 44% Against the Greenback
Smart Contracts Tokens gain More Than 44% There’s $316 billion in collective value among the top smart contract crypto assets Last week ETH increased by 12.52% With The Consolidation coming one week...
In 2 Months the Top Smart Contract Tokens Gained 44% Against the Greenback Ahead of Ethereum’s Merge – Altcoins Bitcoin News
With The Merge coming next week and Cardano’s Vasil hard fork commencing soon after, the market capitalization of the top smart contract tokens by valuation increased 1.19% during the past 24 hours to...
China’s Yuan Continues to Depreciate Against Greenback, Real Estate Crisis Exposed 2 Decades of Accumulated Risk – Bitcoin News
China’s sovereign currency, the yuan, has slid significantly in value during the last few months as it has shed 8% against the U.S. dollar during the first half of 2022. China’s fiat currency is curre...
Surging Dollar Is Bad New For Stocks—History Shows Markets Won’t Recover Until Greenback Falls
Topline Fears of global recession have helped the dollar skyrocket in value this year, allowing it reach parity with the euro for the first time in 20 years, and while the strength should help foreign...
The Pain (and Pleasure) Of The Dollar’s 20-Year High
On a trade-weighted basis, the US Dollar has charged to its highest level in two decades. The consequences of that surge stretch far beyond the US financial system, and US investors. The US Dollar is ...
US Lawmaker: Digital Dollar Would Safeguard Greenback As Global Reserve Currency
A US Rep. Jim Himes has recently expressed his thoughts on Digital Dollar in a white paper. The document argues that the country should make a Central Bank Digital Currency (CBDC) and specifies ...
Digital Dollar Would Secure Greenback as Global Reserve Currency, Lawmaker Argues
“A U.S. CBDC would have advantages over privately issued stablecoins and crypto‐assets, most notably the ability to be backed by the full faith and credit of the U.S. government, like traditiona...