IMF says central bank digital currencies can replace cash
Kristalina Georgieva, managing director of the International Monetary Fund, at a press conference at the IMF Headquarters on April 14,...
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U.S. and China commercial property face headwinds
Commercial real estate markets in the U.S. and China are economic pain points to monitor in a higher-for-longer rate environment,...
Dollar gains as Fed, Middle East in focus
"Largely I think we're still basing currency movements on interest rates," and the Fed's "very determined attempt to keep interest...
Pakistani rupee jumps from record lows to world’s top performing FX
A roadside money changer handling Pakistani rupee coins in Karachi, Pakistan.Bloomberg | Bloomberg | Getty ImagesThe Pakistani rupee has rebounded...
Pakistani rupee jumps from record lows to world’s top performing FX
The Pakistani rupee has rebounded from an all-time low to become the world's top performing currency — and it still...
Bitcoin is a ‘critical hedge’ against currency debasement
Bitcoin and gold are "critical hedges" against the potential for monetary policy that reduces the value of currency, as well...
India oil minister Hardeep Singh Puri
Oil trades have sometimes been settled in the Chinese yuan, Russian ruble or Indian rupee, but the idea of "de-dollarization"...
Hawaii governor warns developers against predatory land buying in devastated Lahaina
The wildfires have devastated Lahaina, a town in Maui of about 13,000 people. At least 106 people had died in...
India, UAE sign pact to trade in local currencies amid PM Modi’s visit
With Prime Minister Narendra Modi visiting Abu Dhabi, India and the United Arab Emirates (UAE) on Saturday inked agreements to...
Rupee: Modi govt’s push to take Indian rupee global gets off to a slow start
NEW DELHI: India’s year-old campaign to boost the rupee’s role in cross-border payments has made little headway, according to people...
