Currencies

THE Central Banks of Barbados and the Bahamas have successfully processed a cross-border payment using their respective currencies without the need for an intermediary currency.Speaking to Express Business, key stakeholders hailed this as a significant breakthrough, emphasising its potential to help Caribbean Community (Caricom) nations trade with less reliance on the US dollar and other third-party currencies.They noted that this development paves the way for greater financial independence in regional trade.A representative from Trinidad and Tobago’s Central Bank was present to witness the real-time transactions in local currencies within Caricom,...

Trump Tariff News LIVE: US President Donald Trump is all set to announce reciprocal tariffs on 2 April, which will immediately come into effect. Donald Trump has styled the new US tariff plans as coming on America's "Liberation Day".Earlier, the White House had slammed India for imposing a 100 per cent tariff on America’s agricultural products and highlighted similar trade barriers in the EU, Japan, and Canada.According to reports, quoting US Treasury Secretary Scott Bessent, the US President will announce the tariffs in the Rose Garden of the White House...

Donald Trump Tariff Announcement LIVE: US President Donald Trump is all set to announce reciprocal tariffs on April, which will immediately come into effect and affect almost all countries across the world. Donald Trump has called the new US tariff plans as coming on America's “Liberation Day", saying it will improve the US economy.US Treasury Secretary Scott Bessent said the US President will announce the tariffs in the Rose Garden of the White House at around 4 pm Washington time on April 2, which is 1:30 am IST on April...

Donald Trump Tariff Announcement LIVE: US President Donald Trump is all set to announce reciprocal tariffs on April, which will immediately come into effect and affect almost all countries across the world. Donald Trump has called the new US tariff plans as coming on America's “Liberation Day", saying it will improve the US economy.US Treasury Secretary Scott Bessent said the US President will announce the tariffs in the Rose Garden of the White House at around 4 pm Washington time on April 2, which is 1:30 am IST on April...

EUR/USD trades in a narrow band at around 1.0800 early Wednesday.US Pres. Trump will unveil the new tariff regime later in the day.The near-term technical outlook fails to offer a directional clue.EUR/USD registered small losses for the second consecutive day on Tuesday before entering a consolidation phase at around 1.0800 in the European morning on Wednesday. US Dollar PRICE This week The table below shows the percentage change of US Dollar (USD) against listed major currencies this week. US Dollar was the strongest against the Swiss Franc. USD EUR GBP...

Effortless currency conversion and smart budgeting tools have made globetrotting with crypto smoother, safer, and more convenient than ever.  PUBLISHED : 2 Apr 2025 at 13:00   Small   Medium   Large Source: istockphoto  Travel has always been exciting, but managing money while exploring different countries used to be a major headache. Converting BTC to USD before trips and then USD back to local currencies was once complicated and time-consuming.  In 2025, cryptocurrency payment systems have transformed how people handle their finances abroad, making travel budgeting simpler and more convenient...

Having touched a new record high in India on Tuesday, Gold price has entered a phase of upside consolidation early Wednesday. The traditional safe haven, the Gold price, benefited from tariff concerns ahead of US President Donald Trump's announcement on April 2.  As of writing, Gold price is ticking slightly higher to Indian Rupees (INR) 8,583.84 per gram after settling Tuesday at INR 8,572.42, according to data compiled by FXStreet. Meanwhile, Gold price advanced to INR 100,120.70 per tola from Tuesday's close of INR 99,986.97 per tola. Unit measure Gold Price in INR...

Bitcoin (BTC) price faces a slight rejection around its $85,000 resistance level on Wednesday after recovering 3.16% the previous day. Ripple (XRP) follows BTC as it falls below its critical level, indicating weakness and a correction on the horizon. However, Ethereum’s (ETH) price broke above its key resistance level, eyeing a recovery. Traders should watch US President Donald Trump’s “Liberation Day” on Wednesday, with significant tariff announcements, which could trigger increased volatility in the cryptocurrency market due to the potential impact of reciprocal tariffs.  Solana price consolidated below $130 on Tuesday, facing mounting...

SINGAPORE, April 2 — The dollar firmed a touch and other currencies held tight ranges today as traders anxiously awaited details of US President Donald Trump’s tariff plans later in the day that could set the tone for markets in the near term.The euro last bought US$1.0792 (RM4.80) while sterling steadied at US$1.2924, both little changed ahead of a White House Rose Garden announcement scheduled for 2000 GMT that will likely see the imposition of dramatic new duties that could upend the global trade system.Trump has for weeks trumpeted April...

1. Why is Qubetics unique compared to other DeFi projects?Qubetics focuses on tokenizing real-world assets, bridging traditional finance with blockchain technology, which sets it apart from other DeFi projects that focus solely on digital assets.2. What’s driving the resurgence of Bitcoin in 2025?Bitcoin’s resurgence is fueled by growing institutional adoption, its use as a hedge against inflation, and the ongoing development of the Lightning Network to improve scalability.3. How does Ethereum 2.0 improve the Ethereum network?Ethereum 2.0 introduced the Proof-of-Stake mechanism, making the network more secure, scalable, and energy-efficient, addressing...