Turkish Lira Plunges to Historic Low as Erdogan Begins New Term
The Turkish Lira has plunged to a historic low of 23.23 against the US Dollar The ...
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Tag: dollar
De-dollarization: The Push to Reduce Reliance on the US Dollar
The US dollar has been the world’s reserve currency, a global unit of account, and the ...
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Unseating Dollar: A Russia-China quest to diversify from dollar
Two of the world’s most powerful countries are already moving forward strongly to change the steer ...
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Dollar Eases as Investors Price Out ‘Armageddon Recession’ Risk
The US Dollar (DXY) relaxed on Thursday, Feb 16, because of strong US economic data. Market ...
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The Dollar Slides Ahead of the BoJ Meeting
The volumes have been quite dry as the US market was closed yesterday, on account of ...
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Dollar stabilizes as China Covid cases persist, inviting stricter curbs
The dollar witnessed a halt in its strong and sudden gains succeeding the investor convergence to ...
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In new move in 2022, IMF raises weighting of dollar, yuan in Special Drawing Rights basket
In a boost to China’s efforts in opening up its financial markets, the International Monetary Fund ...
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Yen closes higher at JPY 114.43 per dollar; Dollar slithers despite US Treasury yields
The dollar slithered as much as 0.15% against the yen in early trading
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The Indonesian Rupiah benefitted 0.2% after having shacked 0.7% last week
The Rupiah saw profits after the Indonesian government reviewed their coal export ban
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Myanmar Central Bank facilitates currency stabilization through novel regulations in 2021
A Myanmar Central Bank official said that the military-selected authorities in the country are initiating progress ...
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