Currencies

Currencies

NYSE-Parent ICE to Explore New Products With Circle’s Stablecoin, Tokenized Fund

Intercontinental Exchange, the parent company of the New York Stock Exchange, said it plans to explore using Circle's stablecoin and tokenized asset to develop new products, joining a roster of U.S. traditional financial giants pushing into crypto under the Trump administration.According to an agreement announced on Thursday, the two firms will look at how Circle's USDC stablecoin and USYC tokenized money market fund could be integrated into derivatives exchanges, clearinghouses and other services."We believe Circle’s regulated stablecoins and tokenized digital currencies can play a larger role in capital markets as...
Currencies

Pound Sterling outperforms USD as UK Reeves supports strong trade relations with US

The Pound Sterling gains to near 1.2925 against the US Dollar, while investors ignore fresh tariffs by US President Trump on auto imports. Fed Kashkari supports leaving interest rates at their current levels for an extended period. UK Reeves cuts welfare benefits and remains committed to her fiscal agenda. The Pound Sterling (GBP) recovers strongly to near 1.2925 against the US Dollar (USD) during European trading hours on Thursday. The GBP/USD pair bounces back after a slight corrective move in the last five trading days from the four-month high of...
Currencies

Cardano, Toncoin & Ethereum – Asian Wrap 27 March

Cardano (ADA) price hovers around $0.74 at the time of writing on Thursday after a recovery of over 4% so far this week. On-chain data hints at a bullish picture as ADA’s stablecoin market cap rises while its bullish bets increase among traders.  Toncoin price rose 3% on Wednesday despite crypto market inflows subsiding after a two-day rally. Market reports suggest Elon Musk’s Grok’s integration into the Telegram social network could trigger breakout gains in the weeks ahead.  Ethereum (ETH) is down 3% on Wednesday despite positive updates of the Pectra upgrade...
Currencies

Asian currencies: Rupiah lingers near three-decade lows – Business & Finance

BENGALURU: Indonesian equities rallied 4% on Wednesday after a period of relentless selling on worries over the country’s growth outlook and fiscal stability, though market participants cautioned the recovery might be short-lived. Sharp gains in banks across Southeast Asia, particularly Bank Central Asia and Bank Rakyat Indonesia, propelled the MSCI index of ASEAN equities by 1% to its highest level in more than two weeks. The two Indonesian banks account for roughly 6.7% of the index, while Indonesia’s overall weight in the index is 15%. Jakarta’s benchmark index rose to...
Currencies

Asia: Autos lead market losses after Trump’s latest tariffs salvo

A plunge in automakers hit Asian equities on Thursday after Donald Trump announced painful tariffs on all imported vehicles and parts as he presses hardball trade policies many fear will spark a recession.Indications that levies lined up for the president’s “Liberation Day” on April 2 would be less severe than feared had given investors a little hope, and helped markets chalk up much-needed gains.However, the White House’s habit of alternating between tough talk and leniency has fanned uncertainty, and the latest announcement did little to soothe nerves.“What we’re going to...
Currencies

EMERGING MARKETS-Asian currencies adrift, Indonesia’s rupiah ticks lower

March 27 (Reuters) - The following table shows rates for Asian currencies against the U.S. dollar, as of 0209 GMT. Currency Latest bid Previous Pct day Move Japan yen 150.220 150.58 +0.24 Sing dlr 1.339 1.3398 +0.07 Taiwan dlr 33.137 33.097 -0.12 Korean won 1466.200 1467.3 +0.08 Baht 33.950 33.94 -0.03 Peso 57.569 57.707 +0.24 Rupiah 16600.000 16575 -0.15 Rupee 85.705 85.705 0.00 Ringgit 4.425 4.427 +0.05 Yuan 7.265 7.2691 +0.05 Change so far in 2025 Currency Latest bid End 2024 Pct Move Japan yen 150.220 157.180 +4.63 Sing dlr...
Currencies

How to Use the iPhone Currency Converter

I travel. A lot. As a travel writer, it’s literally my job, and I love everything about exploring the world. Everything, that is, but figuring out currency conversions, especially if I’m country-hopping between spots that don’t use the same currency. (This happened to me recently after taking a two-hour train ride from Budapest, which uses Hungarian forint, to Vienna, which uses euros). But I just discovered a super easy iPhone hack that handles currency conversions in seconds—for free—that was literally right in my pocket. And I’m here to tell you...
Currencies

Dr. George C. Fraser shares The Seven Currencies of Life

https://www.youtube.com/watch?v=nqMjLtbGqOQ In a world where financial prosperity and personal fulfillment seem elusive to many, Dr. George C. Fraser stands as a beacon of wisdom, urging Black America to reclaim its destiny through strategic relationship-building, lifelong learning, and economic empowerment. His upcoming PowerNetworking Experience & Expo, scheduled for November 5–8, 2025, at the Omni Atlanta Hotel at Centennial Park in Atlanta, Georgia, embodies these principles. This annual conference serves as a pivotal platform for Black entrepreneurs and business owners to connect, grow, and prosper. In an exclusive sit-down, Dr. Fraser shared...
Currencies

Asian Expat Working at Kuwait’s Central Bank Held for Counterfeiting KD 19,000

KUWAIT CITY, March 26: The Counterfeiting and Forgery Investigations Department of the Criminal Security Sector, under the leadership of Major General Hamed Al-Dawas, has referred an Asian expatriate to the Public Prosecution on charges of counterfeiting Kuwaiti currency. The case file includes 19,000 Kuwaiti dinars in counterfeit banknotes (denominations of 20 and 10 dinars) from the fifth edition of the currency.Details of the CrimeInvestigations revealed that the accused, who worked at the Central Bank of Kuwait, believed his position would enable him to fraudulently exchange the counterfeit fifth-edition notes for authentic sixth-edition currency. According to a security source, the Central Bank initially detained...
Currencies

Top 10 strongest currencies in Africa as of March 2025

In March 2025, some African currencies emerged, the strongest.  The key indicators being the strength of a country’s currency in relation to the US dollar.The recent developments across African nations underscore the importance of maintaining currency stability and strength to enhance economic resilience, attract investment, and drive overall growth. In March 2025, several African currencies emerged as the strongest. Recent developments across the continent highlight the critical role of mainataining currency stability and strength to enhance economic resilience, attract investment, and drive overall growth. A stable currency fosters economic stability...
1 215 216 217 218 219 250
Page 217 of 250