Ethiopia Frees Its Currency to Attract Investors, Spur Growth – BNN Bloomberg
(Bloomberg) -- Ethiopia allowed its currency to trade freely in a bid to attract investors as it awaits a bailout...
archivecurrencies
Emerging-Market Assets Drop for Second Week as Traders Shun Risk – BNN Bloomberg
(Bloomberg) -- Developing-nation assets suffered their first back-to-back weekly loss since May, pulled lower by lingering concerns around the Chinese...
Latin American Bond Market Has New Contender for King of Chaos – BNN Bloomberg
(Bloomberg) -- A failed coup, a currency crisis, strikes and fuel shortages have made Bolivia’s bonds a new contender for...
Top 10 Highest-valued Currencies in the World, USD the Weakest on the List
TEMPO.CO, Jakarta - In the global economic stage, some currencies are higher-valued or stronger than others. Economic, political, and social factors are some of the contributing factors to the gap between currencies. Amid market fluctuations and global economic shifts, some currencies have managed to maintain or even increase their value significantly.Currency exchange rates often reflect a country's economic strength, making them an essential tool in international trade and investment.So, what is the highest currency in the world? Check out the explanation below, quoted from Bank Bazaar.The List of Highest-valued Currencies in...
Yen’s Gain Sparks ‘Widespread Liquidation’ Across Markets – BNN Bloomberg
(Bloomberg) -- The yen’s stunning revival is upending global markets, dragging the yuan higher and hammering assets from Japanese stocks...
Yen Surges as Traders Bet the Big Turning Point Is Finally Near – BNN Bloomberg
(Bloomberg) -- Signs of an inflection point for the yen are mounting amid growing expectations that the interest rate gap...
Commodity currencies flip on waning raw material rates
Date 7/24/2024 8:30:30 AM (MENAFN) On Wednesday, commodity currencies experienced significant declines, marking multi-week...
African Nations Turn to Gold to Protect Against Currency Losses – BNN Bloomberg
(Bloomberg) -- African nations are rushing to build their gold reserves to hedge against geopolitical tensions that have battered their...
Markets Wrap – BNN Bloomberg
(Bloomberg) -- Stocks traded mixed as focus turned from US politics to a heavy week for company earnings with tech...
Citi Warns of Euro-Yen Intervention Risk If Pair ‘Threatens’ 180 – BNN Bloomberg
(Bloomberg) -- Japanese authorities might step into the market and sell the European common currency if euro-yen nears the 180...
