Tag: dollar
Kenya’s Deputy President Ruto Endorses Zimbabwe’s ZiG Currency for Economic Resurgence
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During his address at an international trade fair held in Bulawayo, Kenya's Deputy President William Ruto voiced his support for Zimbabwe's introduction of the...
Iran’s Currency Recovers Some Losses As Israel Tensions Ease
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After significant losses since January, the Iranian rial has managed to regain nearly 10 percent of its value over the past week, as tensions...
Sri Lankan Economy Stabilizes as Local Currency Appreciates Against USD, Says Minister
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In a recent announcement, Sri Lankan State Minister of Finance Shehan Semasinghe highlighted significant strides in the country's economic stability, noting a notable appreciation...
What is NZ money made of?
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Money, a fundamental aspect of modern economies, serves as a medium of exchange, unit of account, and store of value. In New Zealand, the...
Does Web3 need crypto?
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Web3, often referred to as the decentralized web, represents the next evolution of the internet, where users have greater control over their data, digital...
How Would Japanese Intervention Boost a Weak Yen?
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As the yen continues to face downward pressure amidst expectations of slow interest rate hikes by the central bank, Japanese authorities are under renewed...
Asian Currencies Weaken as Markets Await US Inflation Data; Yen Dips Amidst Limited BOJ Support
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Asian currencies saw a weakening trend on Friday, while the dollar stabilized as markets awaited crucial inflation figures that are anticipated to influence the...
Oil prices in Asian trade showed a slight increase
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This article reports that oil prices in Asian trade showed a slight increase on Friday, heading towards a positive conclusion for the week. This...
Gold Prices Inch Up on Weak US Data; Await PCE Inflation Figures
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In Asian trading on Friday, gold prices experienced a modest rise as indications of a cooling U.S. economy spurred some demand for the precious...
Will Web3 use Ethereum?
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Web3, the next iteration of the internet, promises a decentralized and user-centric digital ecosystem where individuals have greater control over their data, digital identities,...
Dollar Strength Expected to Persist Amid U.S. Economic Leadership
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The dollar edged higher, maintaining its dominant position in the currency market, with expectations suggesting it will continue to reign until U.S. "economic exceptionalism"...
Asian FX Stable Amid Rate Uncertainty; Yen Breaches Intervention Level Ahead of BOJ Meeting
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Asian currencies largely maintained stability on Thursday within a narrow range, while the dollar remained steady amid lingering uncertainty surrounding U.S. interest rates ahead...