The USD/IDR exchange rate was unchanged on Wednesday morning after the relatively disappointing Indonesian trade numbers. The USD to rupiah pair was trading at 15,370, which was a few points below thi...
Tag: surplus
Tether Has Surplus Reserves Worth $960M, BDO Confirms
Attestation firm BDO confirms that Tether has assets worth at least $67 billion and minimum surplus reserves of $960 million. BDO’s “assurance opinion” confirms the validity of Tether’s December 2022 ...
Ukraine Converts $21.9 Billion In U.S. Military Surplus Into Fearsome Force
Few nations have put U.S. military aid to better use than Ukraine AFP via Getty Images The list of American security assistance to Ukraine since the beginning of Russia’s “unprovoked and brutal invasi...
Saudi Arabia reports first budget surplus in nearly 10 years
The Kingdom Tower (center) stands on the skyline above the King Fahd highway in Riyadh, Saudi Arabia. Simon Dawson | Bloomberg | Getty Images Saudi Arabia reported its first budget surplus in nearly 1...
Crypto Miners in Kazakhstan to Buy Only Surplus Power, Under Digital Assets Bill – Mining Bitcoin News
Companies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision comes with new legislation approved by lawmakers...
Rare Massachusetts Tax Refund Raises Interesting Question About Surplus Revenue
George Washington Monument at Public Garden in Boston, Massachusetts. getty Massachusetts taxpayers are getting a rare refund thanks to a 1986 law that requires the state government to refund tax reve...
The GPU Scarcity has Ended, Ushering in Surplus GPU Inventory – crypto.news
A year ago, buyers could hardly purchase a GeForce GPU at its suggested retail price. The company is now facing the problem in reverse, with Nvidia stating there’s surplus inventory denting their bala...
The Oil Surplus Could Persist. Expect Prices to Fall
Text size This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s. Expect Oil Prices to Fall THINK Economic and Finan...
Kenya’s KenGen plans to allocate surplus energy to crypto miners
Bitcoin mining is a lucrative activity, but it has attracted scrutiny over the years because of the high amount of energy consumed by miners. However, some countries have continued to embrace Bitcoin ...
Kenya invites Bitcoin mining firms to tap surplus geothermal power
? Want to work with us? CryptoSlate is hiring for a handful of positions! Kenya is looking to become Africa’s first Bitcoin mining hub by inviting Bitcoin mining companies to use surplus geothermal en...
Kenya’s largest electricity producer to offer its surplus power to Bitcoin miners
Kenya’s giant energy production company KenGen has offered to supply Bitcoin mining companies with surplus geothermal power following increased demand from different operators. It is believed that co...
will the 6-month support hold with the expected surplus?
Coffee price has been trading above the psychologically crucial level of $200 cents/lb since November 2021 as demand for the agricultural commodity strengthens. Even so, it is yet to hit the pre-pande...
California Sees Record $97.5 Billion Surplus, Driven by the Rich
(Bloomberg) — California Governor Gavin Newsom said Friday that his state has a record $97.5 billion operating surplus, as high tax rates on its wealthiest residents mean he has more cash to fun...
AUD/USD signal as Australia trade surplus spikes
The Australian dollar (AUD/USD) is hovering near its highest level since January this year after the latest interest rate decision and positive economic data. It is trading at 0.7287, which is about 4...
Federal Government Runs Its First Monthly Budget Surplus Since 2019
Topline The federal government’s revenue surpassed expenses by $119 billion last month, marking its first monthly surplus since before the Covid-19 pandemic began, the Treasury said Thursday—amid an i...