archivecurrency

Bitcoin gets all the headlines when people talk about cryptocurrencies, but there are literally thousands of other options when it comes to these digital currencies. In fact, cryptos that aren’t Bitcoin are usually considered an “also-ran” — what are called “altcoins,” or alternatives to Bitcoin. While Bitcoin may have been the first major cryptocurrency to hit the market — it debuted in 2009 — many others have become highly popular, even if not quite as large as the original. Here are the largest cryptocurrencies by the total dollar value of...

The issue of gold smuggling has once again come to the forefront with the recent arrest of Kannada actress and daughter of a Karnataka IPS officer, Ranya Rao. Rao was apprehended by the Directorate of Revenue Intelligence (DRI) with 14.8 kg of gold hidden in her body, sparking renewed attention on the ongoing problem of illegal gold smuggling into India. As reports of gold smuggling incidents flood the news, even ordinary international travellers have begun expressing concerns over the legal limits of gold and cash they can carry while travelling...

Alden Bentley, Harry Robertson and Ankur Banerjee  |  ReutersTrump doubles tariffs on China; China retaliates with tariffs on US goodsUnited States President Donald Trump doubled the tariff on Chinese imports, bringing that rate to 20%. China retaliated by announcing 15% tariffs on various imports from the US.Fox - SeattleThe dollar fell to a three-month low on Tuesday as concerns about slowing growth and the impact from tariffs on the U.S. economy outweighed any potential boost from new levies on Canada, China and Mexico.President Donald Trump's 25% tariffs on goods from Canada and Mexico took effect Tuesday, along with a doubling of duties on Chinese goods to 20%.In response, China said it will...

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...

Asian markets climbed on Monday on hopes that China will announce a huge stimulus package that will help offset US President Donald Trump's looming tariffs against Chinese goods.Investors were also watching for any last-ditch deals to ward off the levies hitting Mexico, Canada and China due to come into force on Tuesday.Trump has confirmed 25 percent tariffs on products from Mexico and Canada, and further imposed another 10 percent on Chinese goods from this week."Traders are on edge for last-minute negotiations to sidestep US tariffs," said Stephen Innes, an analyst...