Asian currencies lose ground against dollar – Business & Finance
BENGALURU: Thailand’s baht lost the most among subdued Asian currencies on Wednesday, as the dollar edged up on the Fed...
Currencies
Canadian dollar stuck in weak range against the U.S. greenback
Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg to discuss the Canadian dollar underperforming. The Canadian dollar has...
Billionaire Ray Dalio Says Classic 1930s-Stye Currency Devaluation Underway, Making Gold More Attractive
Billionaire Ray Dalio says that fiat currencies like the US dollar are entering a classic devaluation period, making gold more...
Iran’s rial currency hits all-time low of 1,074,000 to the US dollar before president’s UN speech
DUBAI, United Arab Emirates (AP) — Iran’s rial currency fell to a new all-time low on Wednesday, reaching 1,074,000 to...
Central Bank Digital Currencies (CBDCs) Vs. Stablecoins: Complementary Or Competitive?
ConclusionCentral Bank Digital Currencies and stablecoins are two interesting narratives. While CBDCs offer stability, trust, and regulation-guaranteed state-backed currency, stablecoins...
The Evolving Role Of Stablecoins And Digital Currencies In The Global Payments Landscape
The world payments system has changed entirely over the past decade. The old payment systems, once operated by correspondent banking...
Why the Indian rupee is under pressure
The Indian rupee came under selling pressure after foreign investors offloaded equities worth roughly ₹2,900 crore on Monday (September 22)...
EMERGING MARKETS-Asian currencies stumble as dollar edges up; stocks decline
* Thai baht loses as much as 0.3% * Indonesian rupiah hits lowest level since April 30 * Seoul shares...
Asian FX Markets Unchanged After Powell; Australian Dollar Strengthens
Asian currencies and the U.S. dollar traded largely unchanged on Wednesday after Federal Reserve Chair Jerome Powell delivered a cautious...
Ray Dalio Warns Of 1970s-Style Currency Shock: All Fiat Money Will ‘Go Down’ As Gold Becomes ‘Second Largest Reserve Currency’ Behind The Dollar
Billionaire hedge fund manager Ray Dalio issued a stark warning regarding the current state of global currencies, drawing historical parallels...
