Tag: currencies
Asian currency turmoil, manufacturing support yuan
Today on Thursday (June 30), the US dollar and RMB opened at 6.6997, and closed at 6.6997 yesterday. As of now, the highest touched...
China and the United States have been busy for a long time, but Africa entered Web3 first?
"Africa will be richer than Western countries." - Charles Hoskinson, co-founder of Ethereum and founder of the public chain Cardano, made this amazing conclusion...
S&P rebounds, loses, hovers, bear market hits biggest half-year drop since 1970
The three governors of the U.S., Europe, and the U.K. central banks all said that inflation is the top priority at this stage, and...
What is the highest price of gold in history?
Gold priced in US Dollars rose above $2000 per ounce for the first time in August 2020, jumping as the Covid-19 pandemic and subsequent...
Norway central bank makes largest rate hike in 20 years
Norway's central bank raised its benchmark interest rate by 50 basis points on Thursday, its largest single hike since 2002 and twice as much...
China keeps lending benchmarks unchanged, wary of policy divergence risks
China stood pat on its benchmark lending rates for corporate and household loans, as expected, on Monday, with global central banks' rate increases making...
Common professional terms in virtual currency transactions
Position: refers to the proportion of actual investment and actual investment funds of investors. Full position: All funds to buy virtual currency. Selling: Selling some of...
What is cryptocurrency?
Cryptocurrency is a type of digital currency created through code.They operate autonomously outside the traditional banking and government systems.Cryptocurrencies use cryptography to secure transactions...
What is the foreign exchange rate quotation
There are several different methods of foreign exchange rate quotation due to different standards.The commonly used marking methods include direct marking method, indirect marking...
What is the international reserve currency?
International reserve currency refers to the international common currency funds held by national governments that can be directly used for international payments.It is the...
What is exchange rate risk？
The exchange rate risk is that the foreign debt borrowed must eventually be converted into foreign currency in the local currency or repaid with...
What is a currency pair?
A currency pair is a foreign exchange transaction rate consisting of two currencies, represented by two ISO codes plus a delimiter, such as GBP/USD,...