Currencies

In the same way, traditional fiat currency banks operate differing kinds of banking styles and options available to their customers, crypto wallets offer different styles of wallets available to their users to fit their preferences.1. Custodial Wallets vs Non-custodial WalletsThe main difference in the style of crypto wallets is the difference between custodial and non-custodial options. Custodial wallets are more beginner-friendly and perhaps a better place to start for novices to crypto. Custodial wallets, importantly, are managed by 3rd-parties who hold the private keys for you. This is often fintech...

The Indian digital finance scene may be at a crossroads. The issuance of a Digital Rupee (e₹) by the Reserve Bank of India (RBI) marks a huge step towards a digital economy, while at the same time, in other parts of the world, the DeFi sector is expanding, as financial service products and services are moving to blockchain and other decentralized financial systems that do not have traditional intermediaries. Between the two paradigms of a centrally issued digital currency and decentralized finance systems are challenges for the Indian financial ecosystem...

NEW YORK: Global shares rallied, while gold and safe-haven currencies slumped against a resurgent dollar on Monday (May 12) as the US and China agreed to temporarily slash harsh reciprocal tariffs and cooperate to avoid rupturing the global economy. Following weekend talks in Geneva, both sides agreed that the US would drop levies on Chinese imports from 145 per cent to 30 per cent during a 90-day negotiation period and China would cut duties from 125 per cent to 10 per cent. Wall Street stocks made significant gains, with the...

Gold drops sharply after stunning rally Reuters 12 May, 2025, 10:00 pm Last modified: 12 May, 2025, 10:12 pm US dollar banknote and rising stock graph are seen in this illustration taken April 25, 2025. REUTERS/Dado Ruvic/Illustration/File Photo"> US dollar banknote and rising stock graph are seen in this illustration taken April 25, 2025. REUTERS/Dado Ruvic/Illustration/File Photo Global shares rallied, while gold and safe-haven currencies slumped against a resurgent dollar on Monday as the U.S. and China agreed to temporarily slash harsh reciprocal tariffs and cooperate to avoid rupturing the...

LONDON - Global shares rallied, while gold and safe-haven currencies slumped against a resurgent dollar on May 12 as the US and China agreed to temporarily slash harsh reciprocal tariffs and cooperate to avoid rupturing the global economy.Following weekend talks in Geneva, both sides agreed that the US would drop levies on Chinese imports from 145 per cent to 30 per cent during a 90-day negotiation period, and China would cut duties from 125 per cent to 10 per cent.Wall Street stocks were set for significant daily gains, with the...

The US Dollar jumps up over 1% against most major peers, after news of a deal between China and the US. Both countries agreed to slash tariffs for 90 days following two days of talks in Switzerland. The US Dollar Index pops to 101.65, benefiting from the relief in US-China tensions. The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, exceeds a more than 1% rally on Monday after China and the United States (US) agreed to a 90-day pause in their trade war...

United States Dollar to Iraqi Dinar USD IQD 1 USD 1,308.988563 IQD 5 USD 6,544.942815 IQD 10 USD 13,089.88563 IQD 25 USD 32,724.714075 IQD 50 USD 65,449.42815 IQD 100 USD 130,898.8563 IQD 500 USD 654,494.2815 IQD 1,000 USD 1,308,988.563 IQD 5,000 USD 6,544,942.815 IQD 10,000 USD 13,089,885.630000001 IQD 50,000 USD 65,449,428.150000006 IQD Iraqi Dinar to United States Dollar IQD USD 1 IQD 0.000763949 USD 5 IQD 0.003819743 USD 10 IQD 0.007639486 USD 25 IQD 0.019098715 USD 50 IQD 0.038197431 USD 100 IQD 0.076394862 USD 500 IQD 0.381974308 USD 1,000 IQD...

EUR/USD slides below 1.1100 as the US Dollar rallies after the US and China agreed to lower tariffs by 115% for 90 days.The US-China temporary trade truce is expected to tame elevated consumer inflation expectations.ECB Schnabel sees no need to lower interest rates further.EUR/USD plunges below 1.1100 during European trading hours at the start of the week. The major currency pair faces an intense selling pressure as the US Dollar (USD) rallies after the United States (US) and China, in a joint statement, announced a higher-than-expected reduction in tariffs for...

The Pound Sterling falls sharply below 1.3200 against the US Dollar after the US and China agree to reduce tariffs for 90 days by 115%.Lower US tariffs would pave the way for the Fed to cut interest rates.This week, investors will focus on the UK employment and the US CPI data on Tuesday.The Pound Sterling (GBP) tumbles to near 1.3170 against the US Dollar (USD) and trades near a one-month low on Monday. The GBP/USD pair falls sharply as the US Dollar strengthens after the United States (US) and China...

After years of coming second to popular Latin American carry trades, Asian currencies are finding their cheapness has become an asset as traders seek to capitalize on the dollar’s eroding premium status.Currencies like South Korea’s won, the Indonesian rupiah, and the Indian rupee rank among the most undervalued in emerging markets relative to their historic average, according to data compiled by Bloomberg. Beyond attractive valuations, fresh economic stimulus in China and signs of progress in U.S.-Asia trade negotiations are adding to the region’s allure.The potential for Asian currencies to strengthen...