You Searched For "currency crisis" and got 20 results
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3 mins read
How Saudi Arabia could create a crisis for Russia's economy
Saudi Arabia has signaled that is is ready to flood the market with oil if OPEC doesn't commit to c…
Filip De Mott
2 mins read
PIMCO economist says fears of a US debt crisis are overblown - for now
"Previous episodes when federal interest payments (as a proportion of total outlays) reached simila…
Filip De Mott
3 mins read
3 reasons the dollar can't be dethroned as the world's dominant currency, according to Morgan Stanley
The US dollar won't be displaced by any of its rivals anytime soon, Morgan Stanley said.
Jennifer Sor
1 min read
China vows to support yuan through crisis, bouncing the embattled currency from a 16-year low
The People's Bank of China issued a stark warning to traders speculating against the note, sending …
Joseph Wilkins
1 min read
India ready for rupee trade with countries facing currency crises: Commerce Secretary
Commerce Secretary Sunil Barthwal on Friday said India is ready to trade in Indan Rupee with countr…
PTI
2 mins read
Argentina's currency crisis is so dire that it's allowing people to open bank accounts using the Chinese yuan
Argentina is facing a drastic shortage in the US dollar. The local currency peso has fallen nearly …
Huileng Tan
2 mins read
Argentina's currency crisis is so dire that it's allowing people to open bank accounts using the Chinese yuan
Argentina is facing a drastic shortage in the US dollar. The local currency peso has fallen nearly …
Huileng Tan
11 mins read
What is cryptocurrency? What to know about this increasingly popular digital currency before investing
Cryptocurrencies are decentralized, digital currencies that use blockchain technology to manage tra…
Louis DeNicola,Tessa Campbell
1 min read
China boosts Argentina's access to the yuan under currency deal as peso plummets
Argentina's president said the country can now tap $6.5 billion worth of Chinese yuan, up from $5 b…
Aruni Soni
2 mins read
The yen weakening to 150 against the dollar could spark a financial crisis in Asia, famed economist Jim O'Neill says
China will see more yen weakness as an "unfair competitive advantage," Jim O'Neill told Bloomberg 2…
Carla Mozée
2 mins read
Russian gas holds the keys to the euro as the energy crisis weighs on Europe's economy and currency
The euro could pull back further to fall between $0.95 to $0.97 against the dollar, a range of anal…
Brian Evans
3 mins read
Russia's near-mutiny just cratered its currency against the dollar
Insider's Phil Rosen breaks down how political turmoil in Russia has swayed foreign currency market…
Phil Rosen
1 min read
The Taliban-controlled afghani has thrashed the US dollar this quarter, becoming the world's best-performing currency
The afghani has soared 9% against the greenback over the past three months, surging thanks to tight…
George Glover
3 mins read
The euro is facing a deeper slide under the weight of Europe's gas crisis and the ECB's bond-rout response, says Societe Generale
The euro is sinking closer to parity with the dollar, buying $1.016 and trading at a nearly 20-year…
Carla Mozée
1 min read
India's central bank urges lenders to de-dollarize trade with the UAE using local currencies
The Reserve Bank of India is pushing for non-dollar trade with the United Arab Emirates, sources to…
Filip De Mott
1 min read
The Turkish lira is so insane now, even notoriously volatile cryptocurrencies are looking safe
The volume of cryptocurrency trading in Turkey has soared above one million per day amid the lira's…
Natasha Dailey
1 min read
Forget the dollar, Argentina should adopt the euro as its currency, Nobel economist Paul Krugman says
The South American nation does almost twice as much trade with the EU as it does with the US, Paul …
Zahra Tayeb
1 min read
US and Taliban enter talks to release $3.5 billion in central bank currency reserves amid humanitarian crisis
A US delegation met with senior Taliban officials in Uzbekistan for talks about unfreezing $3.5 bil…
Phil Rosen
1 min read
Argentina plans to repay some yuan borrowings from Chinese currency swap using IMF bailout money
Argentina is expected to pay the equivalent of $1.7 billion to China's central bank as soon as this…
Filip De Mott
1 min read
Turkish president Erdoğan mocks the UK's pound and says the currency has 'blown up', even as the Turkish lira faces its own economic crisis
"They were bragging about the pound on how valuable they are against this and that," said Erdoğan. …