Currencies

TEMPO.CO, Jakarta - Tempo English compiled the top 3 news on Tuesday, March 4, 2025. Here are the highlights: 10 Weakest Currencies in the World 2025, Is Rupiah Indonesia on the List?; Shell Becomes Sought After Following Pertamina's Adulterated Fuel Scandal; and Here Are 8 Pertamina Directors Caught in Corruption Cases.The following is the list of the top 3 news on Tempo English today:1. 10 Weakest Currencies in the World 2025, Is Rupiah Indonesia on the List?When it comes to currency, the focus often revolves around its strength—the higher the value, the more buying power it holds. However,...

By Olivier Fines Concerns are rising about the sustainability of U.S. government debt and spending Expectations are high for the dollar to lose its leading reserve currency status in the next five to 15 years. For decades, the U.S. dollar has enjoyed a unique status as the world's dominant reserve currency, granting the United States significant financial advantages. Yet without credible progress to address the U.S. federal budget deficit beyond statements of intention, concerns are rising about the sustainability of U.S. public finances and the dollar's (DX00) future as the...

shana espinoza/Shutterstock Suitcases of forged banknotes aren't just the stuff of heist movies and spy novels. Banks and governments around the globe are constantly working to prevent fraudsters from introducing fake cash into circulation – and some countries are more successful in their efforts than others. Nations typically use parts per million (ppm), a metric borrowed from chemistry, to monitor counterfeit currency. They give a score by measuring the number of fake banknotes found in circulation for every one million genuine notes. Most nations aim to stay below the 15 ppm mark, though quite a few have seen...

Japan has denied an accusation by US President Donald Trump that it is manipulating the yen to benefit local manufacturers after the American leader suggested he is planning to impose retaliatory tariffs if his demands are not met.Speaking to reporters in the White House on Monday night, Trump singled out Japan and China for criticism.“Whether it is Japan or China, the weak currency against the dollar puts us at a great disadvantage,” Trump said. “It is hard for Caterpillar to make tractors when Japan and China are devaluing their currencies.“I...

TEMPO.CO, Jakarta - Despite being recognized as the world’s reserve currency, the U.S. dollar is not among the most powerful on the global scale. Various factors, including inflation, interest rates, and supply, play pivotal roles in determining the values of currencies. These strongest currencies in the world are widely acknowledged for their exceptional purchasing power, reinforcing their substantial value amid the ever-shifting global economic landscape.5 Strongest Currencies in the World Wise and Investopedia named Kuwaiti Dinar as the strongest currency in the world alongside a number of other Middle Eastern countries’ currencies. Read...

Japan was also in the firing line on Monday.The US president accused the country of currency manipulation, and hinted he might respond with tariffs. Trump said other countries are deliberately pushing down the value of their currencies to give their economies a competitive advantage. He singled out Japan and China. Trump said he had phoned Chinese President Xi Jinping and Japanese leaders. He said he told them that they can't continue to devalue their currencies against the dollar because it's unfair to the US. Trump said the easy solution for...

Bitcoin’s 13% decline in early Asian trading on Tuesday triggered a $125 billion market cap decline, wiping out gains recorded on Sunday. Bitcoin ETFs recorded only $3.8 million inflows on Monday according to Fairside.co.uk data.   Dogecoin (DOGE) extends its decline, trading around $0.19 on Tuesday after falling nearly 17% the previous day. The recent correction in DOGE has triggered a wave of over $20 million in liquidations in the last 24 hours and more than $100 million last week. The technical outlook and long-to-short ratio suggest a further pullback targeting the...

ASIAN markets tumbled on Tuesday (Mar 4) after US President Donald Trump heaped tariffs on Chinese imports and warned levies on Mexico and Canada could not be averted.Japan’s Nikkei and Hong Kong’s Hang Seng saw the biggest drop, tumbling more than 2 per cent and 1.5 per cent respectively. It comes after the White House said Trump had signed on Monday an executive order to increase a previously imposed 10 per cent tariff on China, to 20 per cent. The US president also stressed that Canada and Mexico would not avoid being...

WASHINGTON - US President Donald Trump said on March 3 he told leaders of Japan and China they cannot continue to reduce the value of their currencies, as doing so would be unfair to the United States.“I’ve called President Xi (Jinping), I’ve called the leaders of Japan to say you can’t continue to reduce and break down your currency,” Mr Trump said at the White House.“You can’t do it because it’s unfair to us. It’s very hard for us to make tractors, Caterpillar here, when Japan, China and other places...

This content was published on March 4, 2025 - 01:19 (Bloomberg) — Asian stocks fell Tuesday, tracking US shares lower as President Donald Trump’s pledge to impose tariffs on trading partners raised the spectre of a trade war hitting global economic growth.Tokyo and Sydney shares were down, with futures showing equity benchmarks in Hong Kong to open lower Tuesday. The S&P 500 declined almost 2% as the US president said Mexico and Canada couldn’t negotiate a reprieve from tariffs set to take effect Tuesday and signed an order doubling a...